1 min read
Add as a preferred source on Google

Blackwells Presses Service Properties Trust to Pursue a Sale

The activist wants the trust to engage with TKO LLC and other interested parties after TKO proposed a $2 billion purchase of its hospitality portfolio in October.

A warmly lit hotel lobby sits behind dark glass doors / TokenPost.ai
A warmly lit hotel lobby sits behind dark glass doors / TokenPost.ai

Blackwells Capital is pressing Service Properties Trust to pursue a sale, seeking engagement with TKO LLC and other potential buyers after TKO proposed a $2 billion purchase of the trust’s hospitality portfolio in October.

The proposal was included in an earlier roundup of M&A deals.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…