Blackwells Capital Urges Brancous To End Its Alarmist Attacks On Braemar Hotels; Says Brancous' Accusations Are Not Constructive And Could Negatively Impact Company's Business
Portfolio Pulse from Benzinga Newsdesk
Blackwells Capital has urged Brancous to cease its negative public attacks on Braemar Hotels, suggesting that such actions are not constructive and could harm the company's business.
October 29, 2024 | 9:33 pm
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Braemar Hotels is facing public criticism from shareholder Brancous, which Blackwells Capital argues could harm the company's business.
The public criticism from Brancous, a shareholder, could lead to negative perceptions and potential instability for Braemar Hotels. Blackwells Capital's intervention suggests the seriousness of the situation, which could impact investor confidence and the stock price negatively in the short term.
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