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Condor Hospitality Announces Termination of Merger Agreement With NHT Operating Partnership

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Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 2020.

Pursuant to its rights under the merger agreement, the Company terminated the merger agreement due to failure of NHT’s operating partnership to consummate the acquisition of the Company and for material breaches of the merger agreement by NHT’s operating partnership and its affiliates. Pursuant to the merger agreement, the Company is entitled to receive a termination fee of $11,925,000 within five business days of its termination of the merger agreement. The Company continues to reserve all other rights and remedies.

About Condor Hospitality Trust, Inc.

Condor Hospitality Trust, Inc. (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (MSAs) with a particular focus on the top 20 to 60 MSAs. The Company currently owns 15 hotels in 8 states. Condors hotels are franchised by a number of the industrys most well-regarded brand families including Hilton, Marriott, and InterContinental Hotels.

Forward-Looking Statement

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by the use of forward-looking terminology such as may, will, expect, intend, anticipate, estimate, believe, continue, project, plan, the negative version of these words or other similar expressions. Readers are cautioned not to place undue reliance on any such forward-looking statements.

All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Factors which could have a material adverse effect on our operations and future prospects include, but are not limited to, changes in economic conditions generally and the real estate market specifically, legislative/regulatory changes (including changes to laws governing the taxation of real estate investment trusts), availability of capital, risks associated with debt financing, interest rates, competition, supply and demand for hotel rooms in our current and proposed market areas, policies and guidelines applicable to real estate investment trusts, risks related to uncertainty and disruption in global economic markets as a result of COVID-19 (commonly referred to as the coronavirus), and other risks and uncertainties described herein, and in our filings with the Securities and Exchange Commission (SEC) from time to time. These risks and uncertainties should be considered in evaluating any forward-looking statements.

The forward-looking statements represent Condors views as of the date on which such statements were made. Condor anticipates that subsequent events and developments may cause those views to change. These forward-looking statements should not be relied upon as representing Condors views as of any date subsequent to the date hereof. Condor expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Additional factors that may affect the Companys business or financial results are described in the risk factors included in the Companys filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Arinn Cavey

Chief Financial Officer

[email protected]

(402) 316-1008 

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LiveRamp to Discuss Second Quarter Results

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LiveRamp (NYSE: RAMP), the leading global data connectivity platform, today announced that its fiscal year 2021 second quarter earnings release is expected to be issued on Monday, November 9, after the financial markets close. A conference call will be held at 1:30 p.m. PT the same day to discuss the results.

Please register in advance of the conference, using this link. It will automatically direct you to the registration page for the “LiveRamp FY21 Second Quarter Earnings Call” where you may fill in your details to RSVP. If it requires you to enter a participant conference ID, please enter 9285847. Upon registering, you will be provided with a participant dial-in number, passcode and unique registrant ID.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial in number(s), direct event passcode and registrant ID) provided in the confirmation email received at the point of registering.

This call will also be webcast live and accessible to all interested parties through the Investor Relations website.

To automatically receive LiveRamp financial news by email, please visit the companys Investor Relations website and subscribe to email alerts.

About LiveRamp

LiveRamp is the leading data connectivity platform for the safe and effective use of data. Powered by core identity capabilities and an unparalleled network, LiveRamp enables companies and their partners to better connect, control, and activate data to transform customer experiences and generate more valuable business outcomes. LiveRamps fully interoperable and neutral infrastructure delivers end-to-end addressability for the worlds top brands, agencies, and publishers. For more information, visit www.LiveRamp.com.

Lauren Dillard

LiveRamp Investor Relations

[email protected]

ERAMP

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Digital Media Solutions, Inc. Announces Third Quarter Fiscal 2020 Earnings Release Date, Conference Call and Webcast

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Digital Media Solutions, Inc. (NYSE: DMS), an innovative global solutions provider of digital performance advertising and a connection point between digital advertising clients and their prospective customers, will release its third quarter fiscal 2020 results after the U.S. stock market closes on Tuesday, November 10, 2020. The Company will hold a conference call to discuss results at 4:30 p.m. (Eastern Time) that day.

The U.S. toll free dial-in for the conference call is 1-833-772-0374, and the international dial-in number is 1-236-738-2220. The Conference ID is 9672315. A live webcast of the conference call will be available on the investor relations page of the company’s website at https://investors.digitalmediasolutions.com.

A replay will be available after the conclusion of the call on November 10, 2020 through November 17, 2020. The U.S. toll-free replay dial-in number is 1-800-585-8367, and the international replay dial-in number is 1-416-621-4642. The replay passcode is 9672315.

About Digital Media Solutions

Digital Media Solutions, Inc. (NYSE: DMS) is an innovative global solutions provider of digital performance advertising and a connection point between digital advertising clients and their prospective customers. The DMS first-party data asset, proprietary advertising technology, significant proprietary media distribution and data-driven processes help digital advertising clients de-risk their advertising spend while scaling their customer bases. Learn more at https://digitalmediasolutions.com.

Investor Contact

Edward Parker

(646) 677-1864

[email protected]

Media Contact

Jack Murphy

(646) 677-1834

[email protected]

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TCF Financial Corp. CEO Craig R. Dahl to Retire

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TCF Financial Corporation on Monday announced Craig R. Dahl will retire, effective Tuesday, Oct. 27, following the extraordinarily successful integration between TCF Bank and Chemical Bank, a merger Dahl helped lead. The TCF Financial Corporation board of directors elected Vice Chairman David T. Provost as TCF Financial Corporation chief executive officer and elected Thomas C. Shafer to the board of TCF Financial Corporation as vice chairman and CEO of TCF National Bank. Both Shafer and Provost will report to Executive Chairman Gary Torgow.

Michael S. Jones, currently executive vice president, regional banking, will become president and chief operating officer of TCF Bank, reporting to Shafer.

Craigs leadership has been instrumental in getting TCF to the point we are today. He has guided TCF through a successful integration program and has worked tirelessly with our teams to build many of our businesses from the ground up over the past 20 years. His passion and dedication have helped to guide the One TCF culture and the strong bench strength of talent we benefit from are a testament to his leadership. We congratulate Craig on a tremendous career and thank him for his many contributions. All of us at TCF are eternally grateful for his leadership, Torgow said.

Dahl has spent 21 years with TCF and was named president and CEO of legacy TCF in 2016. Upon the merger of equals in 2019, he became president and CEO of TCF.

I am proud of all of our accomplishments over the past year and the momentum that TCF has today. One of the benefits of our merger of equals is the great talent that rises to the top. These leaders are ready to assume their roles and run the business, Dahl said. I would like to extend my appreciation to the Executive Leadership team and Gary for his partnership as we have worked together to integrate the operations and cultures of two banks into One TCF. I am grateful for the opportunities and experiences Ive had with this great institution.

Provost served as president and chief executive officer of Chemical Financial Corporation from June 2017 to August 2019, and vice chairman of TCF Financial Corporation since August 2019. Shafer served as vice chairman and a director of Chemical Financial Corporation until August 2019, and has served as president and chief operating officer of TCF Bank since August 2019.

Daves and Toms commitment to our team members, customers and communities sets us on a trajectory for monumental success in the years ahead, Torgow said. Dave and Tom have worked well together in leading our company since the first days of Talmer Bank, Chemical Bank and through the TCF merger. This is a natural time to implement our succession plan.

As a purpose-driven company passionate about building stronger individuals, customers and communities, I am grateful for the opportunity to lead this bank and our dedicated team members. The banking industry is changing dramatically, accelerated by the pandemic, and I am confident that together, we will take TCF to new heights, Shafer said.

Since the merger, Jones has served as executive vice president of regional banking, responsible for retail banking, consumer lending, small business banking, middle market and regional commercial banking, wealth management, treasury management, municipal banking, mortgages and home lending. Previously, he was executive vice president, consumer banking of legacy TCF, and previously served as its chief financial officer.

Mike is a wonderful leader and plays a key role in the executive leadership of the bank, Torgow said.

As previously announced last year, effective Oct. 1, 2020, Brian Maass succeeded Dennis Klaeser as chief financial officer. Maass will report to Shafer. In addition, R. Patricia Kelly, Chris McComish and Daniel W. Terpsma have been elevated to the TCF Bank executive leadership team and will report to Jones.

About TCF: TCF Financial Corporation (NASDAQ: TCF) is a Detroit, Michigan-based financial holding company with $48 billion in total assets at September 30, 2020 and a top 10 deposit market share in the Midwest. TCFs primary banking subsidiary, TCF National Bank, is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. TCF has approximately 475 banking centers primarily located in Michigan, Illinois and Minnesota with additional locations in Colorado, Ohio, South Dakota and Wisconsin. TCF also conducts business across all 50 states and Canada through its specialty lending and leasing businesses. To learn more about TCF, visit tcfbank.com.

Click here to subscribe to news release email alerts for TCF Financial Corporation.

Source: TCF Financial Corporation

TCF Press Contact:

Randi Berris (Media)

[email protected]

(248) 608-5239

Timothy Sedabres (Investors)

[email protected] (Investors)

(952) 745-2766

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