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Selina Hospitality PLC ("Selina" or the "Company"), (NASDAQ:SLNA), the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, is proud to announce the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee. The establishment of t
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the third quarter ended September 30, 2021. Third Quarter 2021 and Subsequent Highlights Net income of $17 million, or $0.28 earnings per diluted shareComparable RevPAR of $66.38, an increase of 71.4% from the same period in 2020 and a decrease of 4.9% from the same period in 2019Adjusted EBITDAre of $34 millionAdjusted FFO attributable to common stockholders of $29 million, or $0.47 per diluted shareSold 15 non-core
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that it has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). Under the terms of the merger agreement, Highgate and Cerberus will acquire all outstanding shares of CorePoint common stock in an all-cash transaction valued at approximately $1.5 billion based on the $15.65 per share consideration, which reflects the assumption of current net debt and
IRVING, Texas, Aug. 05, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the second quarter ended June 30, 2021. Second Quarter 2021 and Subsequent Highlights Net income of $28 million, or $0.48 earnings per diluted shareComparable RevPAR of $58.99, an increase of 137.8% from the same period in 2020 and a decrease of 14.7% from the same period in 2019Adjusted EBITDAre of $31 millionAdjusted FFO attributable to common stockholders of $24 million, or $0.41 per diluted shareThe Company exerci
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
4 - CorePoint Lodging Inc. (0001707178) (Issuer)
Although the NFIB small business optimism index in the US dropped for a second straight month to 95.7 in February, there were a few notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform. California Resources The Trade: California Resources Corporatio
Merger activity increased last week with six new deals announced and six deals completed. Three of the six new deals announced were potential deals in the works. Healthcare Trust of America (NYSE:HTA) Founded in 2006, Healthcare Trust of America is a healthcare focused REIT and the largest operator of dedicated medical office buildings (MOB) in the United States. The company owns real estate though 461 on-campus and off-campus properties around hospitals and Universities in 32 states. We added HTA to our ‘Deals in the Works‘ tool on October 6, 2021, when Bloomberg reported that activist investor Elliott Investment Management was pushing for the company to launch a strategic review that inc
CorePoint Stockholders Approve Pending Transaction IRVING, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- CorePoint Lodging, Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that its stockholders voted to approve the acquisition of CorePoint by a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). The transaction is expected to close as early as March 3, 2022, subject to satisfaction of the remaining closing conditions. Keith Cline, President and Chief Executive Officer of CorePoint, said, "I thank our stockholders for their sup
15-12B - CorePoint Lodging Inc. (0001707178) (Filer)
S-8 POS - CorePoint Lodging Inc. (0001707178) (Filer)
S-8 POS - CorePoint Lodging Inc. (0001707178) (Filer)
SC 13D/A - CorePoint Lodging Inc. (0001707178) (Subject)
SC 13G - CorePoint Lodging Inc. (0001707178) (Subject)
SC 13G/A - CorePoint Lodging Inc. (0001707178) (Subject)
Selina Hospitality PLC ("Selina" or the "Company"), (NASDAQ:SLNA), the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, is proud to announce the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee. The establishment of t
IRVING, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- CorePoint Lodging, Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that its stockholders voted to approve the acquisition of CorePoint by a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. ("Cerberus"). The transaction is expected to close as early as March 3, 2022, subject to satisfaction of the remaining closing conditions. Keith Cline, President and Chief Executive Officer of CorePoint, said, "I thank our stockholders for their support of this transaction and am incredibly grateful
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE:CPLG) ("CorePoint" or the "Company"), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the third quarter ended September 30, 2021. Third Quarter 2021 and Subsequent Highlights Net income of $17 million, or $0.28 earnings per diluted shareComparable RevPAR of $66.38, an increase of 71.4% from the same period in 2020 and a decrease of 4.9% from the same period in 2019Adjusted EBITDAre of $34 millionAdjusted FFO attributable to common stockholders of $29 million, or $0.47 per diluted shareSold 15 non-core