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EX-99.1 - EXHIBIT 99.1 - Red Lion Hotels CORPex991rlh-form8xkforhotelrl.htm

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
November 2, 2015 (October 29, 2015)
Date of Report (Date of earliest event reported)
RED LION HOTELS CORPORATION
(Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
Washington
 
001-13957
 
91-1032187
(State or Other Jurisdiction
 
(Commission file number)
 
(I.R.S. Employer
of Incorporation)
 
 
 
Identification No.)

201 W. North River Drive
Suite 100
Spokane, Washington 99201
(Address of Principal Executive Offices, Zip Code)
(509) 459-6100
(Registrant’s Telephone Number, Including Area Code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

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Item 2.01    Completion of Acquisition or Disposition of Assets
On October 29, 2015, RLH DC LLC, a joint venture in which the registrant holds an 86% member interest, acquired the Quincy Hotel located at 1823 L Street, NW in Washington, DC, from L Street Hotel L.L.C. The purchase price was $22.5 million. The acquisition included the hotel property and improvements as well as the ground lease for the land on which the hotel is located. The term of the ground lease expires on December 31, 2080.

A copy of the registrant’s press release announcing the acquisition of the hotel is being furnished as Exhibit 99.1 to this report. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of the registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01    Financial Statements and Exhibits.
(d)    Exhibits
Exhibit No.
 
Exhibit
99.1
 
Press Release dated November 2, 2015
 
 
 



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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
RED LION HOTELS CORPORATION
 
Dated: November 2, 2015
By:
/s/ Thomas L. McKeirnan
 
 
 
Thomas L. McKeirnan
 
 
 
Executive Vice President,
General Counsel and Secretary
 
 


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