Sign up for free newsletter

 

Completed stamp

Holloway Lodging completes conversion from Reit to corporate structure

Holloway Lodging Real Estate Investment Trust has completed its previously announced conversion from an income trust to a corporation.

The former trustees and senior management of the REIT are now the directors and senior management of the corporation.

Under the arrangement, each unit of the Reit was exchanged for one common share of Holloway. The Reit units have been de-listed from the Toronto Stock Exchange (TSX) and the Holloway common shares have been listed for trading on the TSX under the trading symbol HLC.

It is expected that the corporation's business, capital structure and dividend policy will remain consistent with those of the Reit.


Subscribe to free daily newsletter
latestjobs
Mobile Engineer

Tue, 01 Sep 2015 00:00:00 GMT

CTO / Chief Architect

Tue, 01 Sep 2015 00:00:00 GMT

Senior UNIX Systems Administrator/Engineer

Tue, 01 Sep 2015 00:00:00 GMT

events
6 days 17 hours from now - New York
1 week 17 hours from now - New York
1 week 5 days from now - London
1 week 6 days from now - California
specialreports