Boykin Lodging Company Announces Red Lion Special Meeting

24th Apr 1998

Boykin Lodging Company (NYSE: BOY), a multitenant real estate investment trust, has announced that it will hold a special meeting of its shareholders to approve the issuance of 3,110,048 of its common shares in connection with its merger agreement to acquire Red Lion Inns Operating L.P. and Red Lion’s ten full service Doubletree Hotels. The special meeting will be held on May 20, 1998, at 9:00 a.m. at the Shoreby Club, 40 Shoreby Drive, Bratenahl, Ohio 44108.

On April 17, Boykin commenced mailing of a Notice of the Special Meeting and the proxy materials for the Special Meeting to its shareholders of record as of the close of business on March 23, 1998.

Red Lion has already announced that it will hold a special meeting of its unitholders on May 20, 1998, to vote on the approval and adoption of the merger agreement.



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