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Hospitality Investors releases results for common stock self-tender offer

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Hospitality Investors releases results for common stock self-tender offer

Hotel real estate investment trust Hospitality Investors Trust Inc. released the results of its self-tender offer for up to 1.0 million shares of its common stock at $7.05 per share.

According to a filing, the company accepted for purchase 170,260 shares properly tendered and not withdrawn, for about $1.2 million, excluding fees and expenses relating to the offer.

The shares represent about 0.43% of Hospitality Investors' outstanding share capital as of June 29.

The offer expired at 5 p.m. ET on June 29.