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Posted by
Two Blokes Apr 15 -
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Stock
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DALLAS and TORONTO , April 15, 2025 /PRNewswire/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT" or the "REIT"1) and NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT") today announced the expected closing date for the previously announced going private transaction whereby the REIT will be dissolved and its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT (the "Transaction"). The Transaction is expected to close on April 17, 2025, subject to satisfaction of customary closing conditions and the REIT's trust units are expected to be delisted from the TSX Venture Exchange at the close of trading on April 22, 2025.
