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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: David Culver who wrote (217)	5/20/1999 10:26:00 PM
From: kingfisher	Read Replies (1) \| Respond to of 11633

Im out of HOT.UN on news of takeover from Royal Host.Closed at $9.70.Last month traded at $8. Canadian Hotel Income Properties REIT - CHIP REIT responds to Royal Host acquisition offer Canadian Hotel Income Properties REIT HOT.UN Shares issued 33,890,001 1999-05-19 close $9.3 Thursday May 20 1999 Also Royal Host Real Estate Investment Trust (RYL.UN) Mr. Kevin Grayston reports Canadian Hotel Income Properties Real Estate Investment Trust has responded to the press release issued yesterday (May 19) by Royal Host Real Estate Investment Trust, announcing that Royal Host intends to make an offer to acquire CHIP REIT. CHIP REIT has not yet received the offer and has no further details other than those disclosed in the release. CHIP REIT's board of trustees will review the proposed offer relative to other initiatives currently in progress before making a recommendation to unitholders. CHIP REIT recommends that its unitholders not take any action prompted by the press release with respect to their units until such time as its trustees and their advisers have completed their review and CHIP REIT has reported to its unitholders. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)