Bennett is following through on April-disclosed plans to go private to avoid the expenses of being public, saving his company an estimated $2.5 million annually.
DALLAS — This article was initially published by WFAA’s content partners at the Dallas Business Journal. Read the original article here.
Ashford Inc., the manager of hospitality real estate assets run by Dallas businessman Monty Bennett, has ended its run as a public company.
Shareholders of the Dallas-based firm voted July 22 to terminate the registration of the company’s common stock, and to delist its shares from the New York Stock Exchange.
Its last day of trading on the NYSE American is Friday, July 26.
Bennett is following through with plans disclosed in…
