The Traderszone Network

Published in TZ Latest News 19 January, 2017 by The TZ Newswire Staff

La Quinta Explores Splitting Into 2 Companies

La Quinta Holdings (NYSE: LQ) might soon be checking out as a single company. The operator of the eponymous chain of hotels said that it’s examining the possibility of dividing into two separate, publicly traded entities. One would hold the real estate assets of the present company, while the other would operate its facility management and franchise businesses.