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$HPT said in Feb. 2016 it acquired 2 extended-stay hotels for $12MM with 262 suites located in Ohio & converted them to Sonesta ES Suites. In March, the company acquired Hotel Monaco in downtown Portland, Oregon for $114MM. This hotel has 221 rooms, the Red Star Tavern restaurant and bar, over 8,000 sq. ft. of meeting space and a full service spa.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.