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Ashford Trust Announces Distribution Ratio For Spin-Off Of Ashford Inc.

2014-11-12 10:13:24| Jewelry - Topix.net

Following the distribution, Ashford Inc. will be an independent asset management company with long-term, advisory agreements in place to advise Ashford Trust and Ashford Hospitality Prime . Following the distribution by Ashford Trust and the completion of the exchange offer being conducted by Ashford Inc., approximately 70% of the outstanding common stock of Ashford Inc. will be publicly held .

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