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?
Answer: $8.09 per share
Apple REIT Ten and Apple Hospitality are sponsored by Apple Advisors (Glade Knight).Go Back
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