Sonesta Announces Potential Merger Discussions

Symbols: SNSTA
Posted in: News, M&A
Share

Sonesta International Hotels Corporation (Nasdaq: SNSTA) today announced that it is engaged in discussions with third parties who have approached it regarding potential transactions, including a possible merger transaction. At this stage, no assurances can be given that these discussions will result in a definitive agreement or a transaction being consummated or as to the value that any such transaction might have for Sonesta's stockholders. Sonesta does not intend to issue any other press release relating to these matters until such time, if ever, that it enters into a definitive agreement for a transaction.


 
 
< Previous
Morgan Stanley Maintains Equal-Weight Rating and $40 PT on Motorola Mobility Holdings
Next >
Toyota Customers Get SiriusXM Data Services for 3 Years on Select Model Year 2012 Toyota Camry Vehicles Equipped with Entune™
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust