trending Market Intelligence /marketintelligence/en/news-insights/trending/_2bb3ijpk26jf_wzh9rdhg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Red Lion acquires Vantage Hospitality ahead of schedule

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis

Pandemic Causing Wildly Different Outcomes Across Media Sectors

Red Lion acquires Vantage Hospitality ahead of schedule

Red LionHotels Corp. closed its acquisition of Vantage Hospitality GroupInc. on Sept. 30, one month ahead of schedule.

The cash-and-stock transaction worth roughly $27.8 million was announced inmid-September.

The acquisition accelerates the company's into an"asset-light" franchised hotel company, Red Lion said in a newsrelease.

Following the transaction, Red Lion acquired roughly 1,000franchise hotel agreements nationwide and added more than 59,000 rooms to itsselect service portfolio.

The acquisition is expected to be earnings accretive in theupcoming 12 months, the company said.

CS Capital Advisors LLC served as a financial adviser to RedLion, and Duane Morris LLP was the legal counsel. Akerman LLP served as legalcounsel to Vantage Hospitality.