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Apple Hospitality to Acquire Apple REIT 10 for $1.3B

Merger Expected to Close During Third Quarter
CoStar News
April 18, 2016 | 10:37 AM

Apple Hospitality REIT Inc. (NYSE: APLE) has agreed to acquire Apple REIT Ten Inc. for $1.3 billion in a merger creating one of the largest select-service hospitality REITs with a combined 234 hotels and 30,017 rooms across 33 states.

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