• Marcato digs at IHG

Activist investor Marcato Capital has renewed calls for IHG to consider a merger. It says linking with another hotel group could double share values, reports Reuters.
IHG management has again rebuffed the proposal, insisting its current strategy delivers the best outcome for stockholders. Marcato currently holds around 4% of IHG shares.
Read the full story here:
http://www.reuters.com/article/2014/11/11/us-intercontinental-marcato-idUSKCN0IV1QF20141111

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