Elliott Advisors has become increasingly frustrated with Whitbread Plc's st...
FILE PHOTO: A bed is seen at a Premier Inn hotel in Liverpool, Britain April 12, 2018. REUTERS/Darren Staples/File Photo
According to the report on Saturday, the activist investor believes Whitbread’s strategy is “depressing” the company’s share price and is leaving it open to a cut-price hostile takeover. The shareholder is also keen for Whitbread to bolster its board with directors having hotel industry experience, the Sunday Telegraph reported, adding that the company was searching for board members with experience of operating hotels in continental Europe.
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