Shawn Kravetz's  Instablog

Shawn Kravetz
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Shawn W. Kravetz is President of Esplanade Capital LLC, a Boston-based investment management company. Esplanade Capital was founded to manage capital for a small number of like-minded families, private investors, and institutions. The firm manages two private investment partnerships: Esplanade... More
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Esplanade Capital LLC
  • Esplanade Capital Urges Board Of Archon Corporation To Consider Its Offer To Acquire The Company 0 comments
    Apr 16, 2013 8:22 PM

    Offer is 61.6% Premium to Average Closing Price in Trading Days Leading up to Offer

    BOSTON-Esplanade Capital LLC, the second largest outside shareholder (based on Bloomberg data) of Archon Corporation (OTC: ARHN), has made an offer to acquire all outstanding shares of Archon Corporation at a price of $17.50 per share in a negotiated transaction, subject to confirmatory due diligence.


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