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Reported Friday, Service Properties Trust Confirms Unsolicited $2.0B Cash Proposal From TKO To Acquire Its Hospitality Portfolio, Says Board Will Review

Oct 12, 2026 · 04:25 AM ET· updated 55m ago

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Why It Matters

A big company called TKO offered to buy Service Properties' hotels for two billion dollars. The board will look at the offer and decide if it makes sense for shareholders.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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