American Stock Exchange Lists Common Stock of MHI Hospitality Corporation
December 17 2004 - 1:14PM
PR Newswire (US)
American Stock Exchange Lists Common Stock of MHI Hospitality
Corporation NEW YORK, Dec. 17 /PRNewswire/ -- In an initial public
offering, the American Stock Exchange(R) (Amex(R)) today listed the
common stock of MHI Hospitality Corporation under the ticker symbol
MDH. MHI Hospitality is organized to succeed to certain of the
lodging assets and operations of its predecessor group, which began
operations in 1957, and other affiliated entities, and to take
advantage of investment opportunities in the lodging industry with
a focus on full-service hotels. MHI owns hotels located in the
Mid-Atlantic and Southeastern United States that are operated under
well known national hotel brands such as Hilton(R) and Holiday
Inn(R). "We welcome MHI Hospitality to the Amex," John McGonegal,
senior vice president of the Amex Equities Group, said. "And we
look forward to supporting the Company with services and tools that
can help to help build shareholder value and attract greater
investor attention." "Our listing on the American Stock Exchange
provides MHI Hospitality with a platform to reach a wider investor
audience with more information about our Company," MHI Hospitality
Chief Executive Officer Andrew Sims said. The specialist in MHI
Hospitality will be LaBranche & Co. For further information on
MDH and other Amex-listed companies, please visit
http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) is
the only primary exchange that offers trading across a full range
of equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a
national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in
1993. Leading the industry in ETF listings, the Amex lists 144
ETFs. The Amex is also one of the largest options exchanges in the
U.S., trading options on broad-based and sector indexes as well as
domestic and foreign stocks. For more information, please visit
http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT:
Dan Charnas of American Stock Exchange, +1-212-306-1654, or Web
site: http://www.amex.com/
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