Gaylord Entertainment Co. (GET) announced Thursday morning that it has agreed to sell the Gaylord Hotels brand and the rights to manage its four hotels to Marriott International Inc. (MAR) for $210 million in cash.
Gaylord Entertainment gapped open sharply higher Thursday, but traded in a range throughout the session. Shares finished up by 3.47 at $37.95 on the highest volume of the year. The stock broke out of a one-month range and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.