Ashford Prime (AHP) to Evaluate Weisman Group's Proposal

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Ashford Hospitality Prime (AHP) CEO said to mull taking company private - REIT Zone

June 10, 2016 12:26 PM EDT

Ashford Hospitality Prime (NYSE: AHP) CEO said to mull taking company private, according to REIT Zone.

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Two top Ashford Hospitality (AHP) holders said to support $20.25/share bid - Bloomberg

June 8, 2016 10:10 AM EDT

Two top Ashford Hospitality Prime (NYSE: AHP) holders said to support $20.25 per share bid, according to Bloomberg.

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Weisman Confirms Offer for Ashford Hospitality Prime (AHP) - 13D

June 8, 2016 9:56 AM EDT

Weisman filed a 13D on Ashford Hospitality Prime (NYSE: AHP) confirming a takeover offer, reported earlier:

Dear Mr. Bennett:

Weisman Group, LLC., a Delaware limited liability company ("Weisman Group"), hereby proposes the consummation of an assets acquisition transaction (the "Transaction") with Ashford Hospitality Prime, Inc. ("AHP") substantially as follows:

A. We expect that the Transaction would be structured as an acquisition of assets (the Acquisition) of AHP by a controlled affiliated company of Weisman Group, anticipated to be called AHP Acquisition Company Inc. When completed the Acquisition will result in:

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Ashford Hospitality Prime (AHP) Halted, News Pending

June 8, 2016 9:46 AM EDT

Ashford Hospitality Prime (NYSE: AHP) Halted, News Pending

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UPDATE: Weisman Group Said to Prepare $20.26/Share Offer for Ashford Hospitality Prime (AHP) - REIT Zone

June 8, 2016 9:09 AM EDT

(Updated - June 8, 2016 9:14 AM EDT)

Weisman Group is preparing a $20.26 per share cash offer for Ashford Hospitality Prime (NYSE: AHP), according to Bloomberg, citing REIT Zone newsletter. Weisman has a commitment for financing from a major bank, and an... More