Merger may be in the future of three Apple REITs

06/27/2013 | InvestmentNews (free registration)

Consolidation may be in the offing for three Apple REITS. Apple REIT Seven, Apple REIT Eight and Apple REIT Nine have filed regulatory documents separately stating that a merger has been authorized, but no timetable was set. Each of the REITs specializes in extended-stay hotels.

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