StocksMedium•13 November 2026•
1 min read
Service Properties Trust Board Rejects Blackwells Capital Acquisition Proposal
Key Facts
1The board of Service Properties Trust has formally rejected the proposal from Blackwells Capital to acquire the company or explore a sale.
The board of Service Properties Trust has formally rejected the proposal from Blackwells Capital to acquire the company or explore a sale of its assets. Investing.com reported that the board declined the request from the activist investor, which had urged the firm to evaluate a potential exit.
SVC closed at $5.55 on November 12, 2026, following a trading session that saw a low of $5.21 and a high of $5.59. The rejection signals the board's preference for its current strategic direction over the terms proposed by Blackwells Capital, effectively maintaining the company's existing corporate structure.