Post by
Predator2018 on Jan 08, 2024 2:34pm
MRC Sold Hotels for above $400 Million
After repayment of mortgage, MRC would have more than $350 million excess cash. MRC has been buying MRT shares and owns more than 70%. This is highly bullish signal for MRT.
MHO
Comment by
flamingogold on Jan 09, 2024 12:18pm
What's a fair buyout price here? Armoyan owns 10% where the majority of buys were sub $5.30. What are the chances of a lowball offer by MRC and does Armoyan even have the weight to challenge one?
Comment by
luscar99 on Jan 24, 2024 10:58pm
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