Marcato capital (4% holder) sends letter to shareholders
- released a letter to IHG shareholders along with a detailed presentation outlining the results of an independent evaluation of various potential strategic alternatives conducted by Houlihan Lokey. The letter and presentation can be viewed at {www.IHGvaluecreation.com}
Marcato encourages all of its fellow shareholders to review the presentation* carefully and, if they find the content compelling, to reach out to the IHG Board and management and urge them to conduct a full and formal review of strategic alternatives that will create significant, long-term shareholder value.