Hospitality Properties Trust (HPT) Declares $0.53 Quarterly Dividend; 8.1% Yield
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Pre-Open Stock Movers 01/17: (LPCN) (TA) (KNX) Higher; (SIG) (FUL) (MS) Lower (more...)
January 17, 2019 9:31 AM ESTToday's Pre-Open Movers
Lipocine Inc. (NASDAQ: LPCN) 48% HIGHER; announced approximately eight-week... More
TravelCenters of America (TA) Announces Agreements to Acquire 20 Travel Centers and Amend Leases with Hospitality Properties Trust (HPT)
January 16, 2019 5:25 PM ESTTravelCenters of America LLC (Nasdaq: TA), or TA, today announced it entered agreements with its principal landlord, Hospitality Properties Trust (Nasdaq: HPT), or HPT, under which TA has agreed to acquire certain travel center properties it currently leases from HPT, and to amend its existing leases with HPT. The transaction highlights are:
TA has agreed to purchase 20 travel centers from HPT for $308.2 million. TA expects to purchase nine of the travel centers for $140.5 million on January 17, 2019, and expects to... More
