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A Closer Look At The Proxy Case Everyone's Talking About

By Chelsea Naso (May 27, 2016, 7:07 PM EDT) -- A  judge recently sided with Maryland-incorporated real estate investment trust Ashford Hospitality Prime Inc.'s decision to refuse to approve activist hedge fund Sessa Capital LP's board nominees, effectively ending a proxy contest that would have seen shareholders choose between the status quo and a potentially "enormous" advisory agreement termination fee. ...

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