Mississauga, Ontario-based Morguard wants to take 100% control of publicly traded Temple Hotels, a company in which it already owns a 72.6% stake, and has won the backing of the largest minority shareholder in its buyout bid.
Morguard Makes Play for Full Ownership of Temple Hotels
Ontario Company With 73% Stake in Hotel Firm Wins Support of Largest Minority Shareholder
By Garry Marr
CoStar NewsNovember 18, 2019 | 5:55 P.M.
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IN THIS ARTICLE
- Properties
- Hilton Garden Inn West Edmonton
17610 Stony Plain Rd, Edmonton, AB
- Inn at The Quay
900 Quayside Dr, New Westminster, BC
- Acclaim Hotel Calgary Airport
123 Freeport Blvd, Calgary, AB
- Courtyard Ottawa Downtown
350 Dalhousie St, Ottawa, ON
- Hilton Garden Inn Toronto Airport West
1870 Matheson Blvd, Mississauga, ON
- Companies