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.

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Service Properties Trust

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Post by srtman03on Jul 17, 2017 10:18am

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Post# 26475917

Sandvine does it again....LOL OUCH !!! Glad Im out !!!

Sandvine announces termination of arrangement agreement with Scalar Acquireco Corp. CW WATERLOO, ON, July 17, 2017 /CNW/ - Sandvine Corporation ("Sandvine" or the "Company") (TSX: SVC) announced today that Sandvine and Scalar Acquireco Corp. ("Scalar") terminated the previously announced amended and restated arrangement agreement between the Company and Scalar (the "Arrangement Agreement") dated effective May 26, 2017, as amended on July 6, 2017. In connection with the termination of the Arrangement Agreement, the Company paid CAD$16.9 million, less applicable withholding taxes, to an affiliate of Scalar

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