DALLAS, Texas—The board of directors of Braemar Hotels & Resorts Inc. announced that it is initiating a process for the sale of the company. The board of directors formed a special committee comprised solely of independent and disinterested directors to explore a range of strategic alternatives, aimed at maximizing both near- and long-term shareholder value. After reviewing various strategic options to maximize value for shareholders, the board has determined that it is in the best […] Th...
