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Stock impact report

BRAEMAR HOTELS & RESORTS REMINDS SHAREHOLDERS TO DISREGARD BLACKWELLS CAPITAL'S UNLAWFUL PROXY MATERIALS [Yahoo! Finance]

Braemar Hotels & Resorts Inc. (BHR) 
Last braemar hotels & resorts inc. earnings: 2/26 05:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Reiterates that Braemar is Executing its Strategy to Maximize Value for All Shareholders DALLAS April 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor Blackwells Capital LLC ("Blackwells") in connection with the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), which is scheduled to be held on Wednesday, May 15, 2024 As previously announced on March 25, 2024 , Braemar's Board of Directors (the "Board") unanimously determined that the Blackwells Nomination Notice was invalid due to Blackwells' numerous false statements and material omissions in violation of U.S. Securities and Exchange Commission ("SEC") rules and the Company's Bylaws. As a result, a vote for any of Blackwells' purported nominees on the white proxy card will not be counted. The full text of the letter is below: April 11, 2024 Dear Show less Read more
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