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Stock impact report

Blackwells Capital Releases Presentation Detailing Continued Buffoonery of Monty Bennett [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
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a presentation titled, “ The Continued Buffoonery of Monty Bennett ” Additionally, Blackwells is pleased to announce that independent shareholders of Braemar are speaking out and concurring with Blackwells' campaign aims: to terminate the egregious external management agreement with Ashford Inc. (“Ashford”) and to reconstitute Braemar's entrenched Board. Brancous LP1 (“Brancous”), a large Braemar shareholder, wrote to Blackwells commending Blackwells' campaign. Brancous wrote: “ we share Blackwells' concerns…” and that “[t]he reappointment of Monty Bennett and Kamal Jafarnia by Ashford Hospitality board…reinforces our concerns about the governance integrity of Braemar.” Brancous further commented on “the lackluster performance under the current board's leadership ” and stated that “it's troubling Show less Read more
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