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Activist investor urges RLJ Lodging to consider selling itself
September 6, 2017 / 1:33 PM / 3 months ago

Activist investor urges RLJ Lodging to consider selling itself

Sept 6 (Reuters) - Activist investor Land and Buildings on Wednesday urged U.S. real estate investment trust RLJ Lodging Trust to consider selling itself.

Land and Buildings owns about 2 percent of RLJ.

RLJ’s management has been disappointing and the company’s performance casts doubt on its ability to unlock shareholder value, Land and Buildings said. (Reporting by Nikhil Subba in Bengaluru; Editing by Sai Sachin Ravikumar)

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