Service Properties Trust Receives Statement of Support from Shareholder Flat Footed LLC

NEWTON, Mass.–(BUSINESS WIRE)–Service Properties Trust (Nasdaq: SVC) (“SVC” or the “Company”) today announced that Flat Footed LLC (“Flat Footed”), an SVC institutional shareholder, has expressed support for the plan announced earlier today by SVC’s Board of Trustees to transition SVC into a pure-play triple net lease REIT. Marc Andersen, Co-Founder and Managing Member of Flat Footed LLC, made the following statement: “Given the capital recently deployed into the retained hotel portfolio and

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.