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Is Holiday Inn The Next Tax Inversion Play?

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Mark Melin
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The race to evade US taxes by large corporations has landed on the doorstep of a quintessential Middle American hotel brand: Holiday Inn.

Is Holiday Inn The Next Tax Inversion Play?

Marcato Capital pressures InterContinenal Hotels Group

Under pressure to “unlock shareholder value” from the hedge fund Marcato Capital Management, British-based InterContinental Hotels Group Plc (ADR) (NYSE:IHG), which owns the Holiday Inn and Crowne Plaza brands, is under pressure to offer up the two American hotel chains in order to allow a larger US hotel chain to engage in a...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.