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1 July 2008

Red Lion receives buyout bid from Columbia Pacific | nwsource.com

Spokane-based Red Lion Hotels Corp. said Monday that Columbia Pacific Opportunity Fund LLC of Seattle has made an unsolicited $151 million bid to buy the company and take it private, which the hotel company is considering. Red Lion, which currently trades on the New York Stock Exchange, "is committed to maximizing value for all our shareholders," Chief Financial Officer Anthony Dombrowik said in an interview. Dombrowik declined to disclose how the company's board is reacting to the offer.

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ORGANIZATION
Hospitality NetRed Lion Hotels Corporation
http://rlhcorp.rdln.com/
201 W. North River Dr., Ste. 100
USA - Spokane, WA 99201-2293
Tollfree: 1 800 RED LION
Phone: 509-459-6100
Fax: 509-325-7324
Email: info@redlion.com

RECENT NEWS
Red Lion Hotels Corporation Promotes Barry Hughes to Senior Vice President, Distribution and Marketing
Tuesday 17 June 2008

Red Lion Reports First Quarter 2008 Results
Thursday 8 May 2008

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Wednesday 7 May 2008



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