Combined company named Playa Hotels & Resorts and will trade on NASDAQ under PLYA
Transaction provides significant capital and complementary capabilities to further Playa’s leading position
FAIRFAX, Va., and FORT WORTH, Texas, March 13 (Bernama-GLOBE NEWSWIRE) -- Pace Holdings Corp. (“Pace”) a special-purpose acquisition company sponsored by an affiliate of TPG, today announced that it has completed its business combination with Playa Hotels & Resorts (“Playa”), a leading owner, operator, and developer of premier all-inclusive resorts. With the closing of this transaction, the combined company is named Playa Hotels & Resorts and its ordinary shares and warrants will trade on NASDAQ under the ticker symbols PLYA and PLYAW respectively beginning on Monday, March 13, 2017.
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