Braemar hotels & resorts and blackwells capital enter into cooperation agreement

Blackwells to withdraw proxy solicitation and vote in favor of all braemar nominees and proposals company to add independent director with input from blackwells, which will become a significant shareholder  dallas , july 2, 2024 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) ("braemar" or the "company") today announced that it has entered into a cooperation agreement (the "cooperation agreement") with blackwells capital llc ("blackwells"). under the terms of the cooperation agreement, blackwells will withdraw its director nomination notice and proposals, cease soliciting proxies and vote in favor of all braemar directors and proposals at the 2024 annual meeting of stockholders (the "annual meeting").
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