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Yosemite to restore names to historic attractions under $12-million settlement [Los Angeles Times (CA)]

Aramark (ARMK) 
Last aramark earnings: 2/4 06:30 am Check Earnings Report
Yosemite to restore names to historic attractions under $12-million settlement The Majestic Yosemite can be called the Ahwahnee Hotel again. The National Park Service on Monday reached a $12-million settlement in a long-running legal battle with Yosemite’s former facilities operator that permits that name — and several others — to be restored to their historic attractions. “I've said from literally Day One that these names belong with these places, and ultimately belong to the American people,” Yosemite National Park spokesman Scott Gediman said Monday. “So to have this dispute resolved is huge.” The U.S. government paid $3.84 million of the settlement and Aramark, Yosemite’s current concessions operator, paid $8.16 million, Gediman said. The dispute began in 2015 after Delaware North Companies Inc., which had operated the park’s restaurants, hotels and outdoor activities, lost a $2-billion contract renewal bid to rival Aramark. Delaware North sued, claiming that when it took over o Show less Read more
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