Demands a Transparent, Competitive Sale Process Overseen by Unconflicted Trustees

Demands Repeal of Bylaw Provisions Blackwells Believes Unlawfully Extinguish the Rights That Make a Share a Share

NEW YORK, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (together with its affiliates, "Blackwells"), a shareholder of Service Properties Trust (NASDAQ:SVC, "SVC" or the "Trust"))), today sent a letter to SVC’s Board of Trustees concerning the Board’s November 4 rejection of TKO LLC’s $2.0 billion all-cash offer for the Trust’s hotel portfolio, a price more than twice the market value of the entire Trust.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.