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Ashford Hospitality Trust Inc (AHT.N)

AHT.N on New York Stock Exchange

6.38USD
21 Apr 2017
Change (% chg)

$-0.11 (-1.69%)
Prev Close
$6.49
Open
$6.46
Day's High
$6.46
Day's Low
$6.31
Volume
192,071
Avg. Vol
212,952
52-wk High
$8.23
52-wk Low
$4.79

Latest Key Developments (Source: Significant Developments)

Land and Buildings comments on Ashford's offer to acquire Felcor Lodging Trust
Monday, 27 Feb 2017 09:00am EST 

Felcor Lodging Trust Inc : Land and Buildings comments on Ashford's offer to acquire Felcor Lodging Trust . Land and Buildings says owns 6.1% of Felcor's common stock . Land and Buildings says "has estimated Felcor's net asset value at $10.50 per share" . Land and Buildings Investment Management-Strongly believes "any offer by ashford should consist of at least nearly $5 per share of cash balances at Ashford" .Land and Buildings says "believe Ashford hospitality trust's offer announced last week for Felcor is woefully inadequate".  Full Article

Ashford Hospitality Trust Q4 adjusted FFO per share $0.16
Thursday, 23 Feb 2017 07:15pm EST 

Ashford Hospitality Trust Inc : Ashford trust reports fourth quarter and year end 2016 results . Q4 adjusted FFO per share $0.16 .Qtrly total revenue $341.7 million versus $352.9 million last year.  Full Article

Ashford Hospitality Trust quarterly adjusted FFO per share $0.16
Thursday, 23 Feb 2017 05:55pm EST 

Ashford Hospitality Trust Inc - : Quarterly adjusted FFO per share $0.16 .Q4 FFO per share view $0.24 -- Thomson Reuters I/B/E/S.  Full Article

Ashford Hospitality offers to buy FelCor
Tuesday, 21 Feb 2017 04:15pm EST 

Ashford Inc - : Ashford Inc confirms support for proposed acquisition of FelCor Lodging Trust by Ashford Hospitality Trust . Says supports non-binding proposal of Ashford Hospitality Trust to acquire FelCor Lodging Trust .Says board of Ashford has authorized Ashford to participate in transaction on terms outlined in Ashford trust's letter to Felcor.  Full Article

Felcor Lodging Trust responds to Ashford Hospitality Trust's unsolicited proposal
Tuesday, 21 Feb 2017 11:25am EST 

Felcor Lodging Trust Inc : Felcor Lodging Trust responds to Ashford Hospitality Trust's unsolicited proposal . "company has engaged with AHT since last fall; unable to reach mutually beneficial terms" . Felcor acknowledged receipt of AHT's intent to nominate seven directors for nomination at company's next annual meeting . "Felcor shareholders need take no action at this time" . Felcor board will review AHT's proposal of Feb 21, 2017, together with its financial, legal advisors, respond as appropriate . Felcor board of directors will review AHT's nominees and make a recommendation to shareholders in due course .Proposal follows several months in which co engaged with AHT to explore possibility that mutually deal could be reached.  Full Article

Ashford hospitality trust proposes to acquire FelCor Lodging Trust at premium of 28 pct per share
Tuesday, 21 Feb 2017 08:00am EST 

Ashford Hospitality Trust Inc : Ashford Hospitality Trust proposes to acquire FelCor Lodging trust at a significant premium of 28% per share to create compelling long-term shareholder value . Deal for a total consideration of $9.27 per share, based on closing prices as of February 17, 2017 . Ashford Hospitality Trust - FelCor shareholders would receive fixed exchange ratio of 1.192 shares of Ashford trust, a total of 400,000 shares of FelCor inc . Ashford Hospitality Trust - FelCor shareholders would also receive total of 100,000 warrants to purchase aAshford Inc. Shares .Ashford Hospitality Trust Inc - FelCor shareholders would experience a dividend increase of over 138% in combined company.  Full Article

Ashford Trust Prices public offering of preferred stock
Thursday, 13 Oct 2016 08:13pm EDT 

Ashford Hospitality Trust Inc : Ashford trust prices public offering of preferred stock . Says public offering of 6.00 million shares priced at $25.00per share .Ashford hospitality trust inc - dividends on preferred stock will accrue at rate of 7.375% per annum on liquidation preference of $25.00 per share.  Full Article

Ashford Trust Prices public offering of preferred stock
Thursday, 13 Oct 2016 07:26pm EDT 

Ashford Hospitality Trust Inc : Ashford trust prices public offering of preferred stock . Says public offering of 6.00 million shares priced at $25.00per share .Ashford hospitality trust inc - dividends on preferred stock will accrue at rate of 7.375% per annum on liquidation preference of $25.00 per share.  Full Article

Ashford Hospitality Trust files for potential Series G Cumulative Preferred Stock
Thursday, 13 Oct 2016 09:06am EDT 

Ashford Hospitality Trust Inc :Files for potential series g cumulative preferred stock; size not disclosed - sec filing.  Full Article

Ashford trust announces sale of springhill suites gaithersburg & redemption of OP units
Tuesday, 4 Oct 2016 06:55am EDT 

Ashford Hospitality Trust Inc : Consideration received from sale was combination of cash and about 2 million class B common units of co's operating partnership . Ashford Trust announces sale of springhill suites gaithersburg & redemption of op units . Closed on sale of 162-room springhill suites gaithersburg in gaithersburg, MD for approximately $13.2 million .Company also paid off approximately $10.4 million of debt associated with property.  Full Article

More From Around the Web

BRIEF-Ashford Hospitality Trust responds to Felcor Lodging Trust

* Ashford Hospitality Trust responds to Felcor Lodging Trust's misleading comments about value creating proposal