Blackwells Comments on Braemar’s Too Little Too Late Shareholder Value Creation “Plan”
Braemar Hotels & Resorts Inc. (BHR)
Last braemar hotels & resorts inc. earnings: 2/26 05:10 pm
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Source: GlobeNewswire
Urges Shareholder to Scrutinize the Board’s Craven Efforts after Destroying nearly all Braemar’s Value Demands the Board Immediately Disclose the Hilton La Jolla Torrey Pines Sale Agreement and all Benefits that Flow to Monty Bennett Invites Shareholders to Visit www.NoMoreMonty.com For More Information NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today commented on the recent disclosure that the Company has announced a shareholder value creation plan and entered into a definitive agreement to sell the iconic Hilton La Jolla Torrey Pines. Jason Aintabi, Chief Investment Officer of Blackwells, said: “The Board of Braemar suddenly claims to have a plan to create shareholder value, after having presided over one of the worst destructions of value of an American REIT in history. Meanwhile, Monty Bennett, his father Archibald, and Braemar’s advisor, Ashford
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News
- Braemar Chairman Monty J. Bennett's Smear Campaign Against Blackwells: Another Sad Reminder of His Fear of Transparency and Accountability to Shareholders [Yahoo! Finance]Yahoo! Finance
- Braemar Chairman Monty J. Bennett Defeated at Ashford Hospitality Trust, Inc.’s Annual Meeting in Broad Referendum on his Failed LeadershipGlobeNewswire
- Braemar Chairman Monty J. Bennett Defeated at Ashford Hospitality Trust, Inc.'s Annual Meeting in Broad Referendum on his Failed Leadership [Yahoo! Finance]Yahoo! Finance
- Braemar Chairman Monty J. Bennett Defeated at Ashford Hospitality Trust, Inc.’s Annual Meeting in Broad Referendum on his Failed LeadershipGlobeNewswire
- Is Braemar Hotels & Resorts (BHR) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
BHR
Earnings
- 5/9/24 - Beat
BHR
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- BHR's page on the SEC website