Gaylord extends poison-pill provision
. (NYSE: GET) announced today that its board of directors voted to extend the company’s shareholder rights plan to Aug. 12, 2012.Sometimes known as a “poison pill,” shareholder rights plans are typically enacted when a company is trying to ward off a hostile takeover. In a statement , however, Gaylord said “the extension was not in response to any acquisition proposal.”
"The Board decided to extend our existing shareholder rights plan as a result of this week's turbulent and unpredictable stock market gyrations, which we believe has led to a substantial disconnect between the true value of the company and our stock price,” said CEO Colin Reed . As of 8:45 a.m. Friday, Gaylord’s shares were trading at $27.85, down from $30.81 a month ago.
“The board also took into account significant recent acquisitions of our stock by our largest shareholder when making this determination. By extending the shareholder rights plan, we are ensuring that all shareholders can equally and fairly participate in the benefits of our unique business model,” Reed said.
Hotels In Downtown Nashville - News
went on a buying spree to become the largest shareholder of Gaylord stock. Rowling, the owner of Omni Hotels , joined the board in 2009, but stepped down a year ago after Omni was named the developer for the new convention center hotel downtown.
Nashville's Opryland, for example, has had great successes with this business model, Oros said. The Tennessee chapter of AIA held its annual convention in Memphis. The city is working to attract more large conventions and boost the Downtown economy.
Some worry that the Gaylord will siphon conventions from Denver's downtown hotels. "What has happened in the last decade [nationally] is a phenomenal increase in the supply of meeting and exhibition space, but the demand has been relatively flat," says
For my trip to Nashville, I looked at 3.5- to 4-star hotels among Hotwire's hotel Hot Rates and came up with prices from about $110 to $140 downtown or near Vanderbilt University. That's more than I wanted to pay after looking at forum posts for
The lion's share comes from the 800-room Omni Nashville Hotel being built in tandem with the adjacent Music City Center south of Broadway. The hotel is set to open in 2013. The others going up are a 344-room Drury Plaza Hotel in Cool Springs;
Nashville City Guide - FlyAllOver
About Nashville
Being the home to ‘County Music Hall of Fame’ and the unofficial ‘Music Capital’, Nashville is known for its contribution in music. Being the capital city of Tennessee, the city also hosts various other industries like health care, publishing, banking and transportation. It is home to several colleges and universities like Belmont University, Vanderbilt University and Lipscomb University.
Tracing its history to 1925, when the world’s longest running live radio program, Grand Ole Opry, went on air to promote local music talent, music remains the most well known industry in Nashville
So, if you love music and are planning a vacation to Nashville to discover the sights and sounds Nashville offers, you can book cheap hotels in Nashville through our platform now. Offering a bevy of great Nashville hotel deals, Fare Buzz ensures you save enough and have a nicely planned itinerary with no hiccups.
Where to stay in Nashville
Nashville is made up of several distinct neighborhoods but the city is a lot like Los Angeles in its layout as it is spread out over miles of land that once hosted plantations and farms. Hotels and accommodation choices in Nashville can be found in every neighborhood and depending on your preference, you can elect to stay in any neighborhood that you choose. The city is easy to navigate as most of its attractions are located within a short drive of each other.
Downtown Nashville is famous for its many music venues, which include stores and cafes that feature live music performances too. Besides these venues, Downtown Nashville is also home to the District or an area that encompasses Broadway, 2nd Avenue/Riverfront and Printers Alley, which is the heart and soul of the city as it is populated with hotels, shops, restaurants, nightclubs and museums.
The hotels located within Downtown Nashville range from luxury hotels to discount hotels and budget accommodation and even if you don’t stay within the District area, it is worth noting that various hotels in Nashville provide free shuttle services to the District area bars and clubs on the weekends.
The West End of Nashville is home to Music Row and if you are a fan of country music then this is the area you must base yourself at. Every major recording label in the United States has an office here along with scores of recording studios. The chances of sighting a musical celebrity within the West End are, therefore, quite high.
Hotels In Downtown Nashville - Bookshelf
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Much larger than the other hotels in that chain, the hotel now has 287 rooms, including 14 ... Sheraton Nashville Downtown has 476 rooms and nine suites, ...Frommer's Nashville & Memphis
And if you're driving to Nashville, don't overlook the cost of parking your car, which can cost up to $25 a night at downtown and West End hotels. ...Frommer's Nashville & Memphis
1 Downtown & North Nashville EXPENSIVE Doubletree Hotel Nashville. ... Of the three modern high-rise hotels in downtown Nashville, this is probably the best ...Handbook of Marketing Research Methodologies for Hospitality and Tourism
The 500-room Tower City Plaza hotel in downtown Cleveland had been undergoing renovations since 1986: ... Nashville – Downtown Nashville, TN 8/87 673 X 30. ...Cincinnati Magazine
Where to Lay Your Head Just west of downtown, Hutton Hotel is Nashville's newest swank overnight spot. The lobby features eco-friendly bamboo walls and ...Day-to-day Guide Directory
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