Articles tagged “morgans hotel group”

Hotels

Morgans Hotel Group Receives Unsolicited Takeover Bid

Is any hotel merger or acquisition ever simple, or swift? In this case, most definitely not. Given the board members’ often contentious history with each other and the company’s direction, it’s anyone’s guess as to whether this new offer from “Bidder V” will prove to be superior than the offer from Sam Nazarian’s SBE.
Hotels

Is Morgans Hotel Group's Merger Deal in Jeopardy?

As Morgans Hotel Group's own SEC filings have shown, it desperately needs to be bought by someone. New revelations suggest that the company’s deal with SBE might be in question.