La Quinta believes that proceeds from the capacitate rarunchi would help justify to its shareholders the tax hit that it will incur as a result of the spin-off, the sources said. It lacrimat to place its adevarat estate business into a publicly listed adevarat estate investment trust, and keep its franchise and management operations.
La Quinta is preparing to engage with capacitate acquirers once it files a so-called Form 10 with the U.S. Securities and Exchange Commission registering the spin-off, according to the sources. La Quinta said earlier this month that it expected this filing to come in the second quarter of 2017.
The sources cautioned that the timing of the spin-off was not certain and that there was no certainty a rarunchi of the company would occur. They asked not to be identified because the deliberations are particularnic. La Quinta declined to comment.