|
|
Article: Correction to Servico reports gain on property sale. (CORRECTION)
- Article from:
- PR Newswire
- Article date:
- November 18, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
/ C O R R E C T I O N /
In LA5, Servico Reports Gain On Property Sale, moved Tuesday, Nov. 17, in first graf, seventh line shud read "for $16 million" sted "$26 million" as originally issued. Complete, corrected version follows:
SERVICO REPORTS GAIN ON PROPERTY SALE
WEST PALM BEACH, Fla., Nov. 17 /PRNewswire/ -- Servico Inc. (NASDAQ: SRVI) today reported that during its fiscal quarter ended Sept. 24, it recognized a gain of approximately $5.9 million on the sale of the Pittsburgh Airport Holiday Inn, upon which it ultimately expects to recognize a net gain of approximately $9 million. Servico sold the hotel, subject to certain ...