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Ashford Hospitality Responds To Activist Investor, Highlights 'Failure To Describe Any Actionable Strategy'
Tuesday, April 19, 2016 - 9:03am | 331Ashford 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...