KWHP-Ascendant joint venture completes acquisition of Sotherly Hotels for $2.25 a share

Reuters

Feb 18

KWHP-Ascendant joint venture completes acquisition of <a href="https://laohu8.com/S/SOHOO">Sotherly Hotels</a> for $2.25 a share

Sotherly Hotels Inc. has completed its merger with a joint venture of Kemmons Wilson Hospitality Partners and Ascendant Capital Partners, which acquired all outstanding Sotherly shares for $2.25 per share in cash. Schulte Hospitality Group will take over management of Sotherly’s 10 full-service hotels and its condo-hotel management agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sotherly Hotels Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-056144), on February 18, 2026, and is solely responsible for the information contained therein.

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ID: 0001193125-26-056144), on February 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4218","symbol_name":"酒店及度假村房地产信托","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260218:nNDL5K4XtK:1","article_id":"2612449357","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612449357","pubTimestamp":1771422882,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sotherly Hotels Inc. has completed its merger with a joint venture of Kemmons Wilson Hospitality Partners and Ascendant Capital Partners, which acquired all outstanding Sotherly shares for $2.25 per share in cash. 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Schulte Hospitality Group will take over management of Sotherly’s 10 full-service hotels and its condo-hotel management agreement.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sotherly Hotels Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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