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Ashford Hospitality Responds To Activist Investor, Highlights 'Failure To Describe Any Actionable Strategy'
Tuesday, April 19, 2016 - 9:03am | 331Read More...Ashford Hospitality Prime Inc (NYSE: AHP) announced in early April that its board of directors have concluded a strategic review process. The board concluded that while it has received interest from strategic buyers, none of the offers "would provide adequate value to shareholders." Instead, the...
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Ashford Hospitality Issues Letter on Activist Investor, Sessa Capital
Monday, April 11, 2016 - 6:56am | 451Read More...Ashford Hospitality Prime, Inc., (NYSE: AHP) ("Ashford Prime" or the "Company") today issued the following statement regarding Sessa Capital's ("Sessa") disruptive actions. Ashford Prime believes that Sessa's litigious and reckless strategy is destroying stockholder value by forcing the Company...
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Everything Happening In The M&A Markets Right Now
Tuesday, March 1, 2016 - 12:40pm | 650Read More...In a new report, Deutsche Bank analyst Christopher Mcdonagh named key M&A headlines that could serve as market catalysts this week. Here's a rundown of his full list: Solera Holdings Inc (NYSE: SLH) has extended tender offers for outstanding 6.00 percent Senior Notes due 2021 and 6.125 percent...
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Ashford Hospitality's CEO Responds To Lawsuit, Notes It's 'Another Distracting Tactic By One Shareholder'
Thursday, February 4, 2016 - 12:13pm | 398Read More...Shares of Ashford Hospitality Prime Inc (NYSE: AHP) were trading higher by more than 2 percent on Thursday despite the company being on the receiving end of a lawsuit. Sessa Capital, an activist investor and 8.2 percent owner of Ashford Hospitality released an open letter on Tuesday. The fund...
