Connie Gore |
August 25, 2000
DALLAS-Meditrust Cos., headquartered in Needham, MA, has completed asset sales and mortgage repayments of $138 million since the end of the second quarter, taking its year-to-date total to $459 million in an ongoing strategy to beef up its Dallas-based La Quinta lodging subsidary. The health-care bailout is blamed in part on the federal government.