Holloway Lodging Corp HLC.TO :
* CLARKE INC. ENTERS INTO AGREEMENT TO ACQUIRE HOLLOWAY LODGING CORPORATION
* HOLLOWAY LODGING CORP - ACQUISITION IS VALUED AT APPROXIMATELY $132 MILLION ON AN EQUITY VALUE BASIS
* HOLLOWAY LODGING CORP - SHAREHOLDERS WILL RECEIVE FOR EACH HOLLOWAY SHARE THEY OWN 0.65 OF A COMMON SHARE OF CLARKE
* HOLLOWAY LODGING CORP - HOLLOWAY SHAREHOLDERS WILL RECEIVE FOR EACH HOLLOWAY SHARE THEY OWN 0.65 OF A COMMON SHARE OF CLARKE
* HOLLOWAY LODGING CORP - ACQUISITION IS VALUED AT ABOUT $265 MILLION ON AN ENTERPRISE VALUE BASIS
* HOLLOWAY LODGING CORP - CLARKE EXPECTS TO ISSUE APPROXIMATELY 4.9 MILLION CLARKE SHARES AS CONSIDERATION UNDER ACQUISITION