-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KB3ETQLWs2gCZvrsVN2SUP+wYj8NZ90NQdcmgtlFAhJAYTcf4elBR0RlqalW9nkV 2+VP8PRPmHeM+51tyaZALA== 0000950144-07-000411.txt : 20070122 0000950144-07-000411.hdr.sgml : 20070122 20070122095455 ACCESSION NUMBER: 0000950144-07-000411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070122 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070122 DATE AS OF CHANGE: 20070122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LODGIAN INC CENTRAL INDEX KEY: 0001066138 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 522093696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14537 FILM NUMBER: 07542256 BUSINESS ADDRESS: STREET 1: 3445 PEACHTREE ROAD N E SUITE 700 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 4043649400 MAIL ADDRESS: STREET 1: 3445 PEACHTREE ROAD N E SUITE 700 CITY: ATLANTA STATE: GA ZIP: 30326 8-K 1 g05145e8vk.htm LODGIAN, INC. LODGIAN, INC.
 

 
 
United States Securities And Exchange Commission
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 22, 2007
Lodgian, Inc.
(Exact Name of Registrant as Specified in Charter)
         
Delaware
  001-14537   52-2093696
(State or other jurisdiction
  (Commission File Number)   (I.R.S. Employer
of incorporation)
      Identification No.)
3445 Peachtree Road, N.E., Suite 700
Atlanta, GA 30326

(Address of principal executive offices)
(404) 364-9400
(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 (see General Instruction A.2. below):
  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))
 
 

 


 

Item 7.01. Regulation FD Disclosure.
     On January 22, 2007 the Company issued a press release, attached as Exhibit 99.1, which disclosed the Company’s having engaged outside advisors to assist in a review of strategic alternatives available to Lodgian for the enhancement of shareholder value.
Item 9.01. Financial Statements and Exhibits.
     (c ) The following Exhibit is furnished with this report:
               Exhibit 99.1 Lodgian press release dated January 22, 2007.
     The information in this report, including the exhibit, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933 regardless of any general incorporation language in such filings.
SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Lodgian, Inc.
         
     
Dated: January 22, 2007  By:   /James A. MacLennan    
    Executive Vice President and
Chief Financial Officer 
 
 

 


 

Exhibit Index
         
Exhibit No.   Description
99.1    
Press release of Lodgian, dated January 22, 2007

 

EX-99.1 2 g05145exv99w1.htm EX-99.1 PRESS RELEASE DATED 1-22-07 EX-99.1 PRESS RELEASE DATED 1-22-07
 

Exhibit  99.1
(LODGIAN LOGO)
     
For Immediate Release
   
Contact:
   
Debi Ethridge
  Jerry Daly or Carol McCune
Vice President, Finance & Investor Relations
  Daly Gray Public Relations (Media)
dethridge@lodgian.com
  jerry@dalygray.com
(404) 365-2719
  (703) 435-6293
Lodgian Inc. to Explore Strategic Alternatives
     ATLANTA, Ga., January 22, 2006—Lodgian, Inc. (AMEX: LGN), one of the nation’s largest independent owners and operators of full-service hotels, announced today that it has initiated a review of strategic alternatives available to the company to enhance shareholder value. The company has retained Goldman, Sachs & Co. and Genesis Capital, L.L.C., to assist in the review. There can be no assurance that the review will result in any specific strategic or financial transaction. The company does not intend to announce developments with respect to the exploration of strategic alternatives unless and until its board of directors has approved a specific alternative.
     Lodgian is one of the largest independent owners and operators of full-service hotels in the United States. The company currently manages a portfolio of 69 hotels with 12,540 rooms located in 28 states and Canada. Of the company’s 69-hotel portfolio, 42 are InterContinental Hotels Group brands (Crowne Plaza, Holiday Inn, Holiday Inn Select and Holiday Inn Express), 13 are Marriott brands (Courtyard by Marriott, Fairfield Inn, SpringHill Suites and Residence Inn), and 11 are affiliated with four other nationally recognized hospitality franchisors such as Hilton and Carlson (Radisson and Park Inn). Three hotels are independent, unbranded

 


 

properties. Three hotels are owned by partnerships, in each of which Lodgian has at least a 50 percent equity interest, and is the operating partner for each. For more information about Lodgian and to see a list of the Company’s assets currently for sale, visit the Company’s Web site: http://www.lodgian.com.

 

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