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WTB Whitbread News Story

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Brief: Corvex Management Calls For Sale Of Whitbread PLC

May 18 (Reuters) - Corvex Management :

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

CORVEX- CORVEX PREPARED TO NOMINATE DIRECTORS TO WHITBREAD BOARD IF NO SALE PROCESS

CORVEX- URGES WHITBREAD TO RECONSIDER £3.5 BILLION CAPITAL PLAN AND HIRE FINANCIAL ADVISORS

CORVEX - TO NOMINATE NEW SLATE OF DIRECTORS IF NO SALE PROCESS AT WHITBREAD

CORVEX : WHITBREAD MUST IMMEDIATELY SUSPEND ALL NON-AGP GROWTH CAPITAL EXPENDITURE  ALL PROPOSED SALE-LEASEBACK TRANSACTIONS

CORVEX: WHITBREAD'S FREE CASH FLOW SHOULD BE RETURNED TO SHAREHOLDERS THROUGH AN ACCELERATED SHARE REPURCHASE PROGRAM

Source text: ID:nPn64tYdYa

Further company coverage: WTB.L

 ((Reuters.Briefs@thomsonreuters.com;))

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