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Stock Market & Financial Investment News

News Breaks
May 9, 2014
07:35 EDTMHGCMorgans Hotel proxy fight closer as Burkle backs Kerrisdale slate, NY Post says
A shareholder vote over the board of Morgans Hotel, which current Chairman Jason Kalisman was said to be poised to win, is now getting closer after Ron Burkle, who owns nearly $100M of preferred stock and warrants to buy 30% of Morgans, met with holders at a meeting called by Kerrisdale Capital and is supporting Kerrisdale’s slate, according to The New York Post, citing sources. Reference Link
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September 18, 2014
16:03 EDTMHGCGabelli reports 5.03% stake in Morgans Hotel
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