Chesapeake Lodging Trust (CHSP) Tops Q1 EPS by 2c

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Go back to Chesapeake Lodging Trust (CHSP) Tops Q1 EPS by 2c

Chesapeake Lodging Trust Reports First Quarter Results

May 6, 2019 6:14 AM EDT

ARLINGTON, Va.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE: CHSP)(the Trust), a lodging real estate investment trust (REIT), today announced that it has entered into a definitive merger agreement to be acquired by Park Hotels & Resorts Inc. (NYSE: PK) (Park). The details of the proposed merger are contained within a joint press release issued by the two companies today. The Trust also reported today its financial results for the quarter ended March31, 2019.

CONSOLIDATED FINANCIAL RESULTS

The following is a summary of the Trusts consolidated financial results... More