|Bid||7.05 x 4000|
|Ask||7.40 x 4000|
|Day's Range||7.01 - 7.14|
|52 Week Range||6.00 - 9.13|
|PE Ratio (TTM)||-18.43|
|Earnings Date||Jul 24, 2017 - Jul 28, 2017|
|Dividend & Yield||0.16 (2.25%)|
|1y Target Est||7.70|
The real estate investment trust that owns the Vinoy Renaissance St. Petersburg Resort & Golf Club has agreed to merge with another REIT. Shareholders of both FelCor Lodging Trust (FCH), which now owns the Vinoy, and RLJ Lodging Trust (RLJ) approved the merger Tuesday. The deal establishes a $7 billion hospitality REIT.
Shareholders of RLJ Lodging Trust (NYSE: RLJ) signed off on the Bethesda real estate investment trust’s acquisition of FelCor Lodging Trust on Tuesday, paving the way for the close of the deal at the end ...
RLJ Lodging Trust and FelCor Lodging Trust Incorporated today announced that at special meetings held earlier today shareholders of RLJ approved the issuance of common shares of beneficial interest, par value $0.01 per share, of RLJ in connection with the Merger and stockholders of FelCor approved FelCor’s merger with and into a subsidiary of RLJ in a stock-for-stock transaction in connection with ...