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Texas Hotel REIT Says Blackwells Wants Illegal Proxy Contest

By Spencer Brewer ( March 25, 2024, 8:21 PM EDT) -- A Texas hotel real estate investment trust asked a Texas federal court Sunday to stop a shareholder vote "from being infected with deception and misinformation," saying a New York-based hedge fund wants to run an illegal proxy contest to take control of the company's board of directors while hiding plans to buy it....

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