Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust and Declares Common Stock Dividend
BETHESDA, Md--(BUSINESS WIRE)--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”) by NexPoint Hospitality Trust (“NHT”) (TSX-V: NHT-U). NHT and the Company have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remainin
Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust and Declares Common Stock Dividend
BETHESDA, Md--(BUSINESS WIRE)--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”) by NexPoint Hospitality Trust (“NHT”) (TSX-V: NHT-U). NHT and the Company have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remainin