Recent

% | $
Quotes you view appear here for quick access.

Red Lion Hotels Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • jimgray30 jimgray30 Mar 29, 2012 7:12 PM Flag

    Activists

    Last time Columbia bid $9.5, but that was before the significant restructuring due to the sale of the property and purchase of the leases.

    I would hope that the deal gets done at around $12. I would be surprised if it was purchased for less than $10 though.

    Any buyer with financial strength would immediately repay/refinance the high yield preferred and immediately increase the free cash flow.

 
RLH
8.12-0.01(-0.12%)Aug 28 4:02 PMEDT