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


