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Read More 5 minute read General business news Sotherly Hotels Inc. takeover: Kemmons Wilson-backed joint venture to buy REIT for $2.25 a share in 150% premium deal Find out how Sotherly Hotels Inc. is being acquired in a $2.25-a-share, 150% premium deal backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners! bySoujanya RaviOctober 27, 2025