Condor Hospitality Trust Inc.’s $318 million deal to be acquired by Toronto’s NexPoint Hospitality Trust has been delayed for a third time. A news release Friday from Bethesda-based Condor (NASDAQ: CDOR) did not offer a reason for the extension of the closing date, only restating conditions for the merger being met. The deal was first expected to close in the fourth quarter of 2019 and has now been pushed to March 16. Late last year, the companies pushed the closing deadline to Jan. 31. When…
from https://www.bizjournals.com/baltimore/news/2020/02/24/the-acquisition-of-a-bethesda-hotel-reit-has-been.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/191002746212
No comments:
Post a Comment