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Chesapeake Lodging Trust's (NYSE: CHSP ) board of trustees cancels the Trust'ss 2019 annual meeting that was previously scheduled for June 19, 2019 due to its pending merger with Park Hotels & Resorts. More news on: Chesapeake Lodging Trust, Financial stocks news, Merger & acquis...
Chesapeake Lodging Trust (NYSE:CHSP) today announced that its board of trustees has cancelled the Trust’s 2019 Annual Meeting of Shareholders previously scheduled for June 19, 2019. On May 6, 2019, the Trust announced that it entered into a definitive merger agreement pursuant to ...
Investment Thesis Park Hotels & Resorts ( PK ) delivered a solid Q1 2019 with strong comparable revenue per available room growth and EBITDA margin expansion. The company also announced to acquire Chesapeake Lodging Trust ( CHSP ). The acquisition should result in annual run rate synergi...
NEW YORK , May 15, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating: Andeavor Logistics LP. ("Andeavor" or the "Comp...
Merger activity increased last week with nine new deals announced and two pending deals closing. Deal Statistics: New Deals: The acquisition of Chesapeake Lodging Trust (CHSP) by Park Hotels & Resorts (PK) for $2.7 billion in a cash plus stock deal. Under the terms of the me...
Chesapeake Lodging Trust (CHSP) Q1 2019 Earnings Conference Call May 9, 2019 12:00 PM ET Company Participants Ian Weissman – Senior Vice President, Corporate Strategy Tom Baltimore – Chairman and Chief Executive Officer Sean Dell’Orto – Executive Vice...
NEW YORK, May 06, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating Chesapeake Lodging Trust (NYSE: CHSP) and Intermolecular, Inc. (NASDAQ: IMI) in connection with the sale of these companies. Shareholders of these compa...
Chesapeake Lodging Trust (NYSE: CHSP ) Q1 adjusted FFO of $26.8M, or 45 cents per share, increased from $25.7M, or 43 cents per share, in the year-ago period. More news on: Chesapeake Lodging Trust, Financial stocks news, Earnings news and commentary, Read more ...
Park Hotels & Resorts (NYSE: PK ) has agreed to buy smaller rival Chesapeake Lodging Trust (NYSE: CHSP ) in a cash and stock deal valued at $2.7B that would create the second biggest lodging real estate investment trust in the U.S. More news on: Park Hotels & Resorts Inc., Chesap...
Chesapeake Lodging Trust (NYSE: CHSP ): Q1 FFO of $0.45 beats by $0.01 ; GAAP EPS of $0.14. Revenue of $133.7M (-1.0% Y/Y) misses by $0.3M . Press Release More news on: Chesapeake Lodging Trust, Earnings news and commentary, Financial stocks news,
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Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, ...
NEW YORK , Sept. 12, 2019 /PRNewswire/ -- Park Hotels & Resorts Inc. (NYSE: PK) will replace Inogen Inc. (NASD: INGN) in the S&P MidCap 400 and Inogen will replace Chesapeake Lodging Trust (NYSE: CHSP) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday...
Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) announced today that its shareholders approved the proposed merger of the Trust with and into a subsidiary of Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) pursuant to the previously announced Agreement and P...