Condor

Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust

Retrieved on: 
Friday, February 21, 2020
Commercial Building & Real Estate, Construction & Property, Lodging, Finance, Destinations, Travel, Professional services, REIT, New World vultures, NHT, Condor, Real estate investment trust

Condor Hospitality Trust, Inc. (the Company) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the Merger) by NexPoint Hospitality Trust (NHT) (TSX-V: NHT-U).

Key Points: 
  • Condor Hospitality Trust, Inc. (the Company) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the Merger) by NexPoint Hospitality Trust (NHT) (TSX-V: NHT-U).
  • Condors hotels are franchised by a number of the industrys most well-regarded brand families including Hilton, Marriott, and InterContinental Hotels.
  • These forward-looking statements should not be relied upon as representing Condors views as of any date subsequent to the date hereof.
  • Condor expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust

Retrieved on: 
Friday, January 31, 2020
Other Construction & Property, Other Travel, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, REIT, New World vultures, NHT, Condor, Real estate investment trust

Condor Hospitality Trust, Inc. (the Company) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the Merger) by NexPoint Hospitality Trust (NHT) (TSX-V: NHT-U).

Key Points: 
  • Condor Hospitality Trust, Inc. (the Company) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the Merger) by NexPoint Hospitality Trust (NHT) (TSX-V: NHT-U).
  • Condors hotels are franchised by a number of the industrys most well-regarded brand families including Hilton, Marriott, and InterContinental Hotels.
  • These forward-looking statements should not be relied upon as representing Condors views as of any date subsequent to the date hereof.
  • Condor expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Shareholders of Condor Hospitality Trust Approve Merger

Retrieved on: 
Monday, September 23, 2019
Commercial Building & Real Estate, Construction & Property, Lodging, Travel, REIT, Other Construction & Property, Condor, Lufthansa, NHT, New York Stock Exchange, Airlines, Aviation, Condor Hospitality Trust, Inc., NexPoint Hospitality Trust

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (Condor) announced today that its shareholders approved the proposed acquisition by merger of Condor by NHT Operating Partnership, LLC (NHT OP), the operating partnership of NexPoint Hospitality Trust (TSVX:NHT.U).

Key Points: 
  • Condor Hospitality Trust, Inc. (NYSE American: CDOR) (Condor) announced today that its shareholders approved the proposed acquisition by merger of Condor by NHT Operating Partnership, LLC (NHT OP), the operating partnership of NexPoint Hospitality Trust (TSVX:NHT.U).
  • Condor will file the final vote results, as certified by the independent Inspector of Election, on a Form 8-K with the U.S. Securities and Exchange Commission.
  • The merger is currently expected to close during the fourth quarter of 2019, subject to the satisfaction of customary closing conditions.
  • Condor Hospitality Trust, Inc. (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (MSAs) with a particular focus on the top 20 to 60 MSAs.

Drone Delivery Canada Unveils Its Largest and Farthest Range Cargo Delivery Drone, The 'Condor'

Retrieved on: 
Tuesday, February 19, 2019
Emerging technologies, Technology, Articles, Delivery drone, Drone, Condor Flugdienst, Condor, TMX, Unmanned aerial vehicle

TORONTO, Feb. 19, 2019 /PRNewswire/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC: TAKOF), today unveiled its largest cargo and farthest range delivery drone, 'The Condor'.

Key Points: 
  • TORONTO, Feb. 19, 2019 /PRNewswire/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC: TAKOF), today unveiled its largest cargo and farthest range delivery drone, 'The Condor'.
  • 'The Condor' was displayed at public and investor launch events at the TMX Broadcast Centre Gallery in Toronto.
  • The Condor has been in development for the past year and is the next generation in DDC's drone delivery cargo aircraft.
  • It is equipped with DDC's proprietary FLYTE management system which is the same platform used in all of DDC's cargo delivery drones.