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Service Properties Trust (NASDAQ: SVC) has new sales agreement The company is under agreements to sell two more hotels with 288 rooms for $11.9 million, with transactions expected to close by early 2026. Total hotel-sale proceeds are expected to reach about $870.7 million, excluding closing costs, if all pending transactions close as planned. Proceeds from hotel sales are earmarked primarily …
Astec Industries (NASDAQ: ASTE) completes $67.5 million acquisition of CWMF Astec Industries, Inc. (NASDAQ: ASTE) announced the completion of its acquisition of CWMF, LLC for $67.5 million in cash on a cash-free, debt-free basis, according to a company statement. CWMF generates approximately $50 million in annual revenue and manufactures portable and stationary asphalt plant equipment, including drum mixers, baghouses, reclaimed …