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The estimated value of the proposed merger of Apple REIT Ten with Apple Hospitality to take place in the 3rd Quarter of 2016, based upon the opening share price for Apple Hospitality shares on June 30, 2016, was $10.73. What was the book value of Apple REIT Ten shareholder equity per share on March 31, 2016?

August 2, 2016

Businessman touching financial dashboard with key performance inThe estimated value of the proposed merger of Apple REIT Ten with Apple Hospitality to take place in the 3rd Quarter of 2016, based upon the opening share price for Apple Hospitality shares on June 30, 2016, was $10.73.  What was the book value of Apple REIT Ten shareholder equity per share on March 31, 2016?

Answer:   $8.09 per share

Apple REIT Ten and Apple Hospitality are sponsored by Apple Advisors (Glade Knight).

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

Our firm has been using Blue Vault from the first year it was available.

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