Do you think this was the reason for the earnings date change?
Part of the deal is they will Lend the Spanish company 170 Mil .
HPT does NOT have 170 mil and will have to borrow it or issue stock to do so.
I am sure they have 170 Mill on there line of credit.
They will then issue 10 million shares of stock to pay it off, and give a bonus for over paying to RMR
If that is not answered during the presentation part of the CC on Friday, then that question should be asked during the Q&A.
Good chance of it.
Looks more like RMR trying to increase assets under management.
All depends on the price they pay there them.