| |
| |
One moment, please... we are searching the news archive.
|
|
|
Hotel Industry News |
Friday September 5th, 2008 |
 |
Red Lion Hotels Corporation Appoints JMP Securities to Evaluate Strategic Options |
|
Red Lion Hotels Corporation (NYSE:RLH) said that it is working with its investment banking firm JMP Securities to assist the Board of Directors in evaluating strategic options for maximizing shareholder value for the Company. |
As part of the Company's effort to maximize value for all shareholders, a representative of the Company is communicating with a representative of Columbia Pacific Opportunity Fund, LP ("Columbia") concerning Columbia's unsolicited, non-binding and conditional preliminary indication of interest to acquire the Company. The Company is prepared to grant Columbia's request for access to nonpublic information concerning the Company on a non-exclusive basis, subject to Columbia entering into a confidentiality agreement in customary form.
|
|
 |
 |
|
 |
|
|
| |