trending Market Intelligence /marketintelligence/en/news-insights/trending/1m2TT22UHjvMXzmPRxuCJg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Condor Hospitality, NexPoint set merger closing date

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


Condor Hospitality, NexPoint set merger closing date

Condor Hospitality Trust Inc. and NexPoint Hospitality Trust agreed to close their merger Jan. 31, 2020, subject to the satisfaction or waiver of certain remaining closing conditions.

Condor's board also declared a cash dividend of 19.5 cents per share, payable Dec. 31 to shareholders of record Dec. 30.

Canada-based NexPoint will pay roughly US$318 million for its Bethesda, Md.-based hotel real estate investment trust peer.