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InnVest Real Estate Investment Trust

09:47 AM EST - InnVest Real Estate Investment Trust : Announced that all of the required regulatory approvals have been obtained with respect to the proposed plan of arrangement, pursuant to which Bluesky Hotels and Resorts Inc. has agreed to acquire all of the issued and outstanding units of InnVest for $7.25 in cash per unit. The parties currently anticipate that the transaction will close on or about August 18. InnVest Real Estate Investment Trust
units T.INN.UN are trading up $0.16 at $7.18.