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Spirit MTA sets vote on Hospitality Trust deal for Sept. 4

Aug. 05, 2019 7:51 AM ETSpirit MTA REIT (SMTA) Stock, SRC Stock, SVC StockBy: Liz Kiesche, SA News Editor
  • 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)

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