We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Watermark Lodging Trust, Inc. (“Watermark” or the “Company”) (OTC: WRMK), in connection with the proposed acquisition of the Company by funds managed by Brookfield. Under the terms of the merger agreement, the Company’s shareholders will receive $6.768 in cash for each Class A share of Watermark common stock owned and $6.699 in cash for each Class T share of Watermark common stock owned.  The transaction is valued at approximately $3.8 billion.

Weiss Law is investigating whether (i) Watermark’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Watermark’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.