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ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale

www.businesswire.com 22-10-2024 11:30 0.5 Minutes reading
MIAMI--(BUSINESS WIRE)---- $PIXY #Gigeconomy--This press release is issued to update and clarify statements made in the previous release dated October 17, 2024. ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, announced that on October 16, 2024, it entered into a non-binding Letter of Intent (“LOI”) to acquire Turbo

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MCR Refinances 22-Hotel Portfolio for $300 Million
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MCR Refinances 22-Hotel Portfolio for $300 Million

NEW YORK--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has secured a $300 million refinancing for a 22-hotel portfolio. Totaling 2,855 guestrooms, the 22-hotel portfolio is spread across 14 states in established and high-growth markets such as Texas, Florida, New Mexico and South Carolina. The hotels are managed by MCR’s in-house operations team of approximately 7,000 professionals. MCR acquired the hotels between 2017 and 2020, and subsequently invested $65 million t

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