Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust
Condor Hospitality Trust, Inc. (CDOR)
US:NASDAQ Investor Relations:
condorhospitality.com
Company Research
Source: Business Wire
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). The closing of the Merger has been extended to March 16, 2020, a previously announced potential extension date, from February 28, 2020, subject to the satisfaction or waiver of certain remaining closing conditions.About Condor Hospitality Trust, Inc.Condor Hospitality Trust, Inc. (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (“MSAs”) with a particular focus on the top 20 to 60 MSAs. The Compan
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