Apple REIT shareholders agree to merge, creating 188-hotel REIT

02/28/2014 | Richmond Times-Dispatch (Va.)

Shareholders have approved the plan to merge Apple REIT Seven, Apple REIT Eight and Apple REIT Nine at special meetings. The mergers will become effective Saturday. With 188 hotels and 23,490 rooms, the transaction creates one of the largest lodging REITs in the U.S.

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Richmond Times-Dispatch (Va.)

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