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Sotherly Hotels skyrockets after agreeing to be acquired for US$2.25 per share

Wednesday, March 4, 2026 · first reported by Mugglehead Investment Magazine

Sotherly Hotels agreed to acquisition at $2.25 per share by a JV backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners. Completed merger agreement on hospitality REIT.

Asset class
Real estate

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