Service Properties Trust (SVC) Reports Q4 Loss of $0.09, Revenues Beat

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Service Properties Trust (SVC) Announces Restructuring of Business Arrangements with Sonesta

February 27, 2020 5:07 PM EST

Service Properties Trust (Nasdaq: SVC) today announced it has entered into a transaction agreement with Sonesta International Hotels Corporation and its newly formed parent company, Sonesta Holdco Corporation, or Sonesta, pursuant to which SVC and Sonesta agreed to modify their existing business arrangements. SVC... More