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Merger activity increased last week with four new deals announced and two deals closing. Out of the four deals announced, three were cash deals and one was an all-stock deal. The acquisition of Forty Seven ([[FTSV]]) by Gilead Sciences ([[GILD]]) was the first deal announced last week. FTSV ...
Last summer, Condor Hospitality ( CDOR ) announced that the company had reached an agreement to "merge with" (actually be purchased by) Nepoint Hospitality Trust. I had accurately proposed such an outcome was possible in an earlier article on Condor , as the company was nearing the end of...
Condor Hospitality Trust ( CDOR -5.9% ) and NexPoint Hospitality Trust agree to extend the close of their merger to February 28, 2020, subject to a further possible extension to March 16, 2020. More news on: Condor Hospitality Trust, Inc., Financial stocks news, Merger & acquisition ...
Condor Hospitality Trust, Inc. (the “Company”) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the ...
Merger activity increased, with nine new deals announced and six deals closing. Deal Statistics New Deals The acquisition of LogMeIn (LOGM) by Francisco Partners for $4.3 billion or $86.05 per share in cash. We added LOGM as a potential deal to the Deals in the Works section on Dece...
Condor Hospitality Trust ( CDOR +1.4% ) agrees to close its previously announced sale of the company to NexPoint Hospitality Trust on Jan. 31, 2020, subject to the satisfaction or waiver of certain remaining closing conditions. More news on: Condor Hospitality Trust, Inc., Financial st...
Condor Hospitality Trust, Inc. (the “Company”) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the ...
I first became interested in hospitality REITs in the early "20 teens" as a frequent business traveler working for the defense industry. Select service hotels near bases were consistently at or near full occupancy during the week and often fairly full when I had to stay over a weekend. While m...
Condor Hospitality (NYSEMKT: CDOR ): Q3 FFO of 0.22, More news on: Condor Hospitality Trust, Inc., Earnings news and commentary, Financial stocks news, , Read more ...
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Condor Hospitality Trust, Inc. (the “Company”) announced today that it has filed a Form 15 with the U.S. Securities and Exchange Commission (the “SEC”) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Excha...
Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “ Company ”), incorporated in the state of Maryland, today announced that its Board of Directors has approved a special dividend liquidation distribution of $7.94 per share of the Company’s common stock (...
Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “ Company ”), a hotel-focused real estate investment trust (“ REIT ”) headquartered and incorporated in the state of Maryland held a special meeting of stockholders on November 12, 2021 and adj...