Morgans Hotel Group (MHGC) 2.16 $MHGC
Morgans Receives Revised Takeover Proposal and Will Adjourn Special Meeting of Stockholders to Evaluate
GlobeNewswire - Wed Sep 14, 10:32AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it has received a letter dated September 13, 2016, the redacted text of which is included in this press release, from the group identified in Morgans' proxy materials as "Bidder V." This letter reconfirms the interest of Bidder V in pursuing an acquisition of the common stock of Morgans for $2.75 per share. As part of its submission, Bidder V also furnished to Morgans a letter of intent from a new potential financing source which indicated that this financing source is prepared, subject to due diligence and definitive documentation, to provide up to $500 million in capital to support the transaction. Bidder V also provided to Morgans an executed non-disclosure agreement in the form previously requested by Morgans.
MHGC: 2.16 (+0.04)
Hospitality Properties Trust Announces Second Quarter 2016 Results
BusinessWire - Tue Aug 09, 6:00AM CDT
--Normalized FFO of $1.09 per share for the Second Quarter
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), RMR: 39.79 (-0.08), HPT: 29.82 (+0.59), H: 51.35 (+0.56), TA: 6.81 (+0.14)
Morgans Hotel Group Reports Second Quarter 2016 Results
GlobeNewswire - Mon Aug 08, 7:15AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) (the "Company" or "Morgans"
today reported financial results for the quarter ended June 30, 2016.
MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Morgans Hotel Group Co. Buyout
BusinessWire - Thu Jun 16, 9:47AM CDT
Rigrodsky & Long, P.A.:
MHGC: 2.16 (+0.04)
MORGANS HOTEL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Morgans Hotel Group Co.
PR Newswire - Thu Jun 09, 4:03PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Morgans Hotel Group Co. ("Morgans" or the "Company" (NASDAQ: MHGC) to SBE. Under the terms of the proposed transaction, shareholders of Morgans will receive only $2.25 in cash for each share of Morgans that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Morgans Hotel Group Co., Inc. - MHGC
PR Newswire - Thu May 19, 8:36PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Morgans Hotel Group Co., Inc. ("Morgans Hotel" or "the Company" (Nasdaq- MHGC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SBE.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with SBEEG Holdings, LLC
BusinessWire - Wed May 11, 12:44PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Morgans Hotel Group Co. ("Morgans" (NASDAQ: MHGC) concerning the merger with SBEEG Holdings, LLC. Under the terms of the agreement, Morgans shareholders will only receive $2.25 in cash per share held.
MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Morgans Hotel Group Co. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Tue May 10, 3:47PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Morgans Hotel Group Co. ("Morgans" or the "Company" (Nasdaq: MHGC) relating to the proposed buyout of the Company by SBE.
MHGC: 2.16 (+0.04)
Hospitality Properties Trust Announces First Quarter 2016 Results
BusinessWire - Tue May 10, 6:00AM CDT
--First Quarter Comparable Hotel RevPAR Grows 4.4% Year Over Year
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), RMR: 39.79 (-0.08), HPT: 29.82 (+0.59), H: 51.35 (+0.56), MAR: 69.75 (-0.39)
SBE Acquisition Of Morgans Hotel Group Will Create Global, Fully Integrated Lifestyle Hospitality Platform
PR Newswire - Mon May 09, 7:49PM CDT
SBE today announced a definitive agreement to acquire Morgans Hotel Group in an all-cash transaction, a move that will further strengthen SBE's position as a global leader in lifestyle hospitality management, entertainment, food & beverage, and development.
MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation as to Whether the Sale of Morgans Hotel Group Co. for $2.25 to SBE is Fair to Shareholders -- MHGC
ACCESSWIRE - Mon May 09, 5:12PM CDT
NEW YORK, NY / ACCESSWIRE / May 9, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
MHGC: 2.16 (+0.04)
Morgans Hotel Group Reports First Quarter 2016 Results
GlobeNewswire - Mon May 09, 3:06PM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) (the "Company" or "Morgans" today reported financial results, in constant dollars where applicable, for the quarter ended March 31, 2016.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Announces First Quarter 2016 Earnings Date and Conference Call Information
GlobeNewswire - Tue May 03, 8:27AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it will release its first quarter 2016 results after the market closes on Monday, May 9, 2016.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Provides Corporate Update
PR Newswire - Wed Feb 10, 3:05PM CST
Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company" today provided the following update:
MHGC: 2.16 (+0.04)
JMJ Development Prevails in $5 Million Lawsuit Alleging Fraud by Morgans Hotel Group and Turkish Landowner Zeki Coruk
PR Newswire - Wed Jan 27, 6:30PM CST
JMJ Development, LLC, one of the largest builders of luxury real-estate properties in the United States and internationally, is pleased to announce that it has prevailed in its $5 million lawsuit regarding fraud committed by Morgans Hotel Group and its executives and Turkish landowner Zeki Coruk.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Retains Hodges Ward Elliott To Lead Monetization Of Hudson New York And Delano South Beach
PR Newswire - Mon Dec 07, 7:00AM CST
Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company" today announced that it has retained Hodges Ward Elliott, a leading hotel brokerage firm, to market Hudson New York and Delano South Beach. Morgans recently announced the marketing of these two assets as part of the Company's new strategic plan to create long-term value. The Company expects the marketing process to be completed during the second quarter of 2016.
MHGC: 2.16 (+0.04)
BUYINS.NET: CNTF, IWC, MHGC, XHB, UWM, FYX Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Nov 12, 7:01AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of China Techfaith Wireless Communication Technology Ltd (NASDAQ:CNTF), iShares Russell Microcap Index Fund (NYSE:IWC), Morgans Hotel Group Co (NASDAQ:MHGC), Spdr S&P Homebuilders Etf (NYSE:XHB), ProShares Ultra Russell2000 (NYSE:UWM), First Trust Etf Alphadex Fund (NYSE:FYX) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
MHGC: 2.16 (+0.04), IWC: 78.66 (+1.19), UWM: 96.73 (+2.78), CNTF: 2.71 (-0.01), XHB: 34.54 (+0.38), FYX: 50.09 (+0.84)
Hospitality Properties Trust Announces Third Quarter 2015 Results
BusinessWire - Mon Nov 09, 6:00AM CST
--Third Quarter Adjusted EBITDA Growth of 13.0% Year Over Year
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), HPT: 29.82 (+0.59), H: 51.35 (+0.56), MAR: 69.75 (-0.39), TA: 6.81 (+0.14)
Morgans Receives Revised Takeover Proposal and Will Adjourn Special Meeting of Stockholders to Evaluate
GlobeNewswire - Wed Sep 14, 10:32AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it has received a letter dated September 13, 2016, the redacted text of which is included in this press release, from the group identified in Morgans' proxy materials as "Bidder V." This letter reconfirms the interest of Bidder V in pursuing an acquisition of the common stock of Morgans for $2.75 per share. As part of its submission, Bidder V also furnished to Morgans a letter of intent from a new potential financing source which indicated that this financing source is prepared, subject to due diligence and definitive documentation, to provide up to $500 million in capital to support the transaction. Bidder V also provided to Morgans an executed non-disclosure agreement in the form previously requested by Morgans.
MHGC: 2.16 (+0.04)
Hospitality Properties Trust Announces Second Quarter 2016 Results
BusinessWire - Tue Aug 09, 6:00AM CDT
--Normalized FFO of $1.09 per share for the Second Quarter
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), RMR: 39.79 (-0.08), HPT: 29.82 (+0.59), H: 51.35 (+0.56), TA: 6.81 (+0.14)
Morgans Hotel Group Reports Second Quarter 2016 Results
GlobeNewswire - Mon Aug 08, 7:15AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) (the "Company" or "Morgans"
today reported financial results for the quarter ended June 30, 2016. MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Morgans Hotel Group Co. Buyout
BusinessWire - Thu Jun 16, 9:47AM CDT
Rigrodsky & Long, P.A.:
MHGC: 2.16 (+0.04)
MORGANS HOTEL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Morgans Hotel Group Co.
PR Newswire - Thu Jun 09, 4:03PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Morgans Hotel Group Co. ("Morgans" or the "Company" (NASDAQ: MHGC) to SBE. Under the terms of the proposed transaction, shareholders of Morgans will receive only $2.25 in cash for each share of Morgans that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Morgans Hotel Group Co., Inc. - MHGC
PR Newswire - Thu May 19, 8:36PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Morgans Hotel Group Co., Inc. ("Morgans Hotel" or "the Company"
(Nasdaq- MHGC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SBE. MHGC: 2.16 (+0.04)
Morgans Hotel Group Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with SBEEG Holdings, LLC
BusinessWire - Wed May 11, 12:44PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Morgans Hotel Group Co. ("Morgans"
(NASDAQ: MHGC) concerning the merger with SBEEG Holdings, LLC. Under the terms of the agreement, Morgans shareholders will only receive $2.25 in cash per share held. MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Morgans Hotel Group Co. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Tue May 10, 3:47PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Morgans Hotel Group Co. ("Morgans" or the "Company"
(Nasdaq: MHGC) relating to the proposed buyout of the Company by SBE. MHGC: 2.16 (+0.04)
Hospitality Properties Trust Announces First Quarter 2016 Results
BusinessWire - Tue May 10, 6:00AM CDT
--First Quarter Comparable Hotel RevPAR Grows 4.4% Year Over Year
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), RMR: 39.79 (-0.08), HPT: 29.82 (+0.59), H: 51.35 (+0.56), MAR: 69.75 (-0.39)
SBE Acquisition Of Morgans Hotel Group Will Create Global, Fully Integrated Lifestyle Hospitality Platform
PR Newswire - Mon May 09, 7:49PM CDT
SBE today announced a definitive agreement to acquire Morgans Hotel Group in an all-cash transaction, a move that will further strengthen SBE's position as a global leader in lifestyle hospitality management, entertainment, food & beverage, and development.
MHGC: 2.16 (+0.04)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation as to Whether the Sale of Morgans Hotel Group Co. for $2.25 to SBE is Fair to Shareholders -- MHGC
ACCESSWIRE - Mon May 09, 5:12PM CDT
NEW YORK, NY / ACCESSWIRE / May 9, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
MHGC: 2.16 (+0.04)
Morgans Hotel Group Reports First Quarter 2016 Results
GlobeNewswire - Mon May 09, 3:06PM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) (the "Company" or "Morgans"
today reported financial results, in constant dollars where applicable, for the quarter ended March 31, 2016. MHGC: 2.16 (+0.04)
Morgans Hotel Group Announces First Quarter 2016 Earnings Date and Conference Call Information
GlobeNewswire - Tue May 03, 8:27AM CDT
Morgans Hotel Group Co. (NASDAQ:MHGC) today announced that it will release its first quarter 2016 results after the market closes on Monday, May 9, 2016.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Provides Corporate Update
PR Newswire - Wed Feb 10, 3:05PM CST
Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company"
today provided the following update: MHGC: 2.16 (+0.04)
JMJ Development Prevails in $5 Million Lawsuit Alleging Fraud by Morgans Hotel Group and Turkish Landowner Zeki Coruk
PR Newswire - Wed Jan 27, 6:30PM CST
JMJ Development, LLC, one of the largest builders of luxury real-estate properties in the United States and internationally, is pleased to announce that it has prevailed in its $5 million lawsuit regarding fraud committed by Morgans Hotel Group and its executives and Turkish landowner Zeki Coruk.
MHGC: 2.16 (+0.04)
Morgans Hotel Group Retains Hodges Ward Elliott To Lead Monetization Of Hudson New York And Delano South Beach
PR Newswire - Mon Dec 07, 7:00AM CST
Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company"
today announced that it has retained Hodges Ward Elliott, a leading hotel brokerage firm, to market Hudson New York and Delano South Beach. Morgans recently announced the marketing of these two assets as part of the Company's new strategic plan to create long-term value. The Company expects the marketing process to be completed during the second quarter of 2016. MHGC: 2.16 (+0.04)
BUYINS.NET: CNTF, IWC, MHGC, XHB, UWM, FYX Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Nov 12, 7:01AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of China Techfaith Wireless Communication Technology Ltd (NASDAQ:CNTF), iShares Russell Microcap Index Fund (NYSE:IWC), Morgans Hotel Group Co (NASDAQ:MHGC), Spdr S&P Homebuilders Etf (NYSE:XHB), ProShares Ultra Russell2000 (NYSE:UWM), First Trust Etf Alphadex Fund (NYSE:FYX) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
MHGC: 2.16 (+0.04), IWC: 78.66 (+1.19), UWM: 96.73 (+2.78), CNTF: 2.71 (-0.01), XHB: 34.54 (+0.38), FYX: 50.09 (+0.84)
Hospitality Properties Trust Announces Third Quarter 2015 Results
BusinessWire - Mon Nov 09, 6:00AM CST
--Third Quarter Adjusted EBITDA Growth of 13.0% Year Over Year
MHGC: 2.16 (+0.04), WYN: 68.67 (+0.74), HPT: 29.82 (+0.59), H: 51.35 (+0.56), MAR: 69.75 (-0.39), TA: 6.81 (+0.14)
