TKO proposes buying Service Properties Trust hotel portfolio for $2 billion
TKO LLC proposed purchasing Service Properties Trust’s hotel portfolio for $2 billion; the REIT shares rose about 15% to $7.15, then gained after-hours to $7.22.
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Standard Motor CFO Nathan Iles to resign by Oct. 30
Standard Motor Products said CFO Nathan Iles will resign and remain until Oct. 30, when COO James Burke becomes interim finance chief.
Standard Motor Products CFO Nathan Iles to resign
Standard Motor Products said CFO Nathan Iles is resigning to accept a CFO role elsewhere and will stay until Oct. 30.