REIT Ashford's offer for FelCor "inadequate", says activist investor
February 27, 2017 at 09:51 AM EST
Feb 27 (Reuters) - Lodging REIT Ashford Hospitality Trust Inc's offer to buy FelCor Lodging Trust Inc was "woefully inadequate", activist hedge fund Land and Buildings Investment Management LLC, which holds a stake in FelCor, said on Monday.