Morgans Hotel Delays Rights Issue As Activists Square Off
By Liz Hoffman ( April 8, 2013, 4:34 PM EDT) -- Morgans Hotel Group Co. agreed Friday to delay a $100 million rights offering that its largest stockholder claims is a backdoor effort to build up friendly voting blocs and push through a recapitalization by Ronald Burkle's Yucaipa Cos. LLC....
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