Service Properties Trust T.SVC

Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust > If $4.15 why the influx of $4.25 bids post announcement?

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Comment by srtman03on Jul 06, 2017 4:42pm

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RE:If $4.15 why the influx of $4.25 bids post announcement?

It is but do you think that Frisco will bid higher than $4.15 and pay a fee of $16.9 Million plus an additional $42 Million is fees as well? You tell me?..LOL Why did they not make another offer before today without incurring those crazy fees? I hate to say it but I think $4.15 is it boys and girls....LOL

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