- Spririt MTA REIT (NYSE:SMTA) files proxy materials related to the sale of its properties and three Spirit Realty Capital (NYSE:SRC) assets to Hospitality Trust (HPT) for $2.4B.
- Will hold a special meeting of shareholders on Sept. 4, 2019 in Dallas where SMTA shareholders will consider and vote on the proposed sale and plan of voluntary liquidation.
- If approved, the proposed transaction is expected to close on Sept. 20, 2019.
- Previously: Spirit MTA to sell trust to Hospitality Properties Trust for $2.4B (June 3)