Blackwells capital calls on brancous to end its alarmist attacks on braemar

Brancous' misleading accusations are not constructive and could negatively impact the company's business blackwells encourages all braemar shareholders to support the enhanced board and management team new york, oct. 29, 2024 (globe newswire) -- blackwells capital llc (“blackwells”), a shareholder of braemar hotels & resorts inc. (“braemar” or the “company”) (nyse: bhr), today released a letter to its fellow braemar shareholders: the full text of the letter follows: dear fellow braemar shareholders, over the past months, blackwells capital, in its capacity as an engaged shareholder of braemar hotels & resorts (“braemar” or the “company”), exchanged views with the board of directors (the “board”) and management of braemar. blackwells' concerns were heard by braemar, and blackwells was pleased to enter into a constructive agreement with the company, reflective of its confidence in the board and management team to drive value for all shareholders.
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