Eagle Hospitality preferred holders may vote to add Esopus nominees

By Jennifer Chiou

New York, April 26 - Holders of Eagle Hospitality Properties Trust Inc.'s 8.25% series A cumulative redeemable preferred shares will be able to vote at a June 28 meeting for Esopus Creek Value Series Fund LP's new preferred director nominees, according to an Esopus news release.

Esopus is the beneficial owner of 8.5% of the outstanding preferreds. It has retained Broadridge Financial Solutions Inc. to assist in soliciting ballots from holders.

After failing to reach a quorum at an April 12 meeting, the date was adjourned until June, and the nominees are Martin J. Bienenstock and Lauren A. Krueger, Esopus said in a letter to holders.

Questions may be directed to Esopus at joecriscione@ecvlp.com or 973 847-5904.

Manhattanville, N.Y.-based Eagle Hospitality Properties is a real estate investment trust that owns hotels in Puerto Rico, Arizona, California, Colorado, Florida, New York, Kentucky, Ohio, Illinois and Massachusetts.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.