Brief: Raging Capital reports 9.9 pct stake in Ashford

Ashford

06/10/2016 22:31

Oct 6 (Reuters) - Raging Capital Management LLC  
    * Reports 9.9 percent stake in Ashford Inc as of Oct. 4 - 
SEC filing 
    * On Oct 4, Raging Capital met with members of management, 
board of Ashford to discuss various matters relating to Ashford 
    * Purchased securities of Ashford Inc based on belief that 
the securities were "undervalued" 
    * On Oct 4, Raging Capital met with board of Ashford to talk 
matters relating to Ashford's business operations 
 
Source: (http://bit.ly/2dOlwUD) 
 
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