Andrew Feldstein and Stephen Siderow‘s BlueMountain Capital disclosed, in a newly amended filing with the SEC, that it has sent a letter to the board of Chatham Lodging Trust (NYSE:CLDT), expressing its intention to acquire all outstanding shares of the company for $21.50 apiece in cash.
Currently, BlueMountain holds around 1.26 million shares of Chatham Lodging Trust, which represent 4.89% of the company.
Check out BlueMountain’s letter below:
BlueMountain’s Letter to Chatham Lodging Trust’s Board
Disclosure: none
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