Holloway Lodging gets a stealth takeover

It appears that Holloway REIT (TSX: HLR-UN.TO) had its prior trustees, including the CEO W. Glenn Squires, were kicked out by George Armoyan’s group of people by a margin of 85% to 15%, according to SEDAR filings. Now that Armoyan has full control over the company (and indeed, roughly a 20% equity stake by virtue … Continue reading Holloway Lodging gets a stealth takeover