Midland Resources Holding Limited Tuesday said it acquired 6.1 million common shares of Holloway Lodging Corp. (HLC.TO) at $3.525 per share, representing about 34 percent of outstanding shares.
After giving effect to this purchase, Midland now owns around 34.7 percent stake in Holloway.
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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.