NORFOLK, Neb.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 2020. Pursuant to its rights under the merger agreement, … [Read more...]
Park Hotels & Resorts Inc. Announces Closing of $725 Million of 5.875% Senior Secured Notes Due 2028
TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the “Issuers”), completed the previously … [Read more...]
BBX Capital Corporation Provides Update Regarding Trading of its Class A Common Stock and Class B Common Stock Pending Completion of the Spin-Off of BBX Capital Florida LLC
-- “Due-Bills” Trading to Commence on September 21, 2020 -- FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital” or the “Company”) announced today that, during the period commencing with the opening of trading on September 21, 2020 and ending on the close of trading on September 30, 2020, the contemplated distribution date … [Read more...]
TxDOT to Help Parents as Agency Reports Most Car Seats Are Used Incorrectly
TxDOT now providing free virtual car seat inspections that are COVID-19 safe AUSTIN, Texas--(BUSINESS WIRE)--Texans may think they know how to correctly install and use their children’s car seats, but nearly 60 percent of the time they’re used incorrectly. That’s why TxDOT is helping drivers keep their children safe on the road. TxDOT’s annual “Save Me With a Seat” campaign is … [Read more...]
Global E-Passport Market 2020-2024: Market is Poised to Grow by $ 27.56 Billion, Progressing at a CAGR of 20% – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global E-Passport Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The e-passport market is poised to grow by $ 27.56 bn during 2020-2024 progressing at a CAGR of 20% during the forecast period The report on the e-passport market provides a holistic analysis, market size and forecast, trends, growth drivers, and … [Read more...]
The Marcus Corporation Announces Pricing of $87 Million Convertible Senior Notes Offering
MILWAUKEE--(BUSINESS WIRE)--The Marcus Corporation (NYSE: MCS) (the “Company”) announced today that it priced $87 million aggregate principal amount of its 5.00% Convertible Senior Notes due 2025 (the “Notes”) in a private offering (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as … [Read more...]