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Stock Markets · United StatesThe holder of the second-most Sunstone Hotel Investors stock has urged the company toward a sale or to liquidate assets to preserve value for shareholders.
Tarsadia Capital sent a letter to the REIT on Friday arguing the hotel investor's portfolio is undervalued and has led to persistent poor performance in its stock. Tarsadia, which is the public investment management arm of a family office, owns 3.4% of Sunstone, the largest share after Blacks…See the Story