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Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholders Challenge Truck Stop Deals

WILMINGTON, DEL. (CN) - A fiduciary class-action complaint accuses Hospitality Properties Trust of spinning off TravelCenters of America, one of the nation's largest truck-stop operators, and then forcing TravelCenters to acquire Petro Stopping Centers and forcing it to pay above-market rent to Hospitality Properties.

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