QUICK POLL (GlobeSt.com)
SPOKANE, WA—Red Lion Hotels Corp. said Tuesday it has retained the investment-banking firm JMP Securities to assist the board of directors in evaluating its options for maximizing shareholder value.
Bid for Red Lion could affect Quay (The Columbian)
An unsolicited bid from a Seattle investment firm to buy Red Lion Hotels Corp. renews speculation that the Quay in downtown Vancouver could become part of a larger riverfront redevelopment. Colum...
Business Digest (The Salt Lake Tribune)
Red Lion Private-equity firm makes unsolicited bid for hotel chain Red Lion Hotels Corp., which has one of its 53 hotels in Salt Lake City, may be sold.
Red Lion receives buyout bid from Columbia Pacific | nwsource.com (Hospitality Net)
Spokane-based Red Lion Hotels Corp. said Monday that Columbia Pacific Opportunity Fund LLC of Seattle has made an unsolicited $151 million bid to buy the company and take it private, which the hotel company is considering. Red Lion, which currently trades on the New York Stock Exchange, "is committed to maximizing value for all our shareholders," Chief Financial Officer Anthony Dombrowik said in ...
Seattle group bids on Spokane-based Red Lion Hotels (The Spokesman-Review)
A Seattle investment group is offering $9.50 per share for Spokane-based Red Lion Hotels Corp. Today's disclosure of the bid from Columbia Pacific Opportunity Fund lifted the price of Red Lion shares $1 over its Friday closing price of $7.05.