Service properties trust agrees to amended lease terms upon completion of bp's acquisition of travelcenters of america inc.

Newton, mass.--(business wire)--service properties trust (nasdaq: svc) today announced that it has agreed to amend its existing leases and guarantees with travelcenters of america inc. (nasdaq: ta) effective upon the completion of the pending acquisition of ta by bp p.l.c. (nyse: bp) for cash consideration of $86.00 per share of ta common stock outstanding (the “bp acquisition”).
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