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Breaking News: Choice Abandons Wyndham Acquisition Bid
Breaking News: Choice Abandons Wyndham Acquisition Bid
Mar 11, 2024 0 comments
Choice Hotels International has ended its attempt to acquire Wyndham Hotels & Resorts after the expiration of its exchange offer and withdrawal of board nominations for the 2024 Annual Meeting. 
HOTELS Magazine: Choice, Wyndham Merger Actually Succeeding Leaves Some Scratching their Heads
HOTELS Magazine: Choice, Wyndham Merger Actually Succeeding Leaves Some Scratching their Heads
Jan 08, 2024 0 comments
Mergers and acquisitions is a binary pursuit: a deal gets done, a deal does not get done. Most are clear cut: scrutinized, negotiated, and accepted by both parties, who believe in its equal benefits. The public-turned-hostile, rancorous-from-the-get-go proposed merger between Choice Hotels International and Wyndham Hotels and Resorts is anything but black and white, and both sides are dug in.
Wyndham Board Urges Shareholders to Reject Inadequate and Highly Conditional Choice Exchange Offer
Wyndham Board Urges Shareholders to Reject Inadequate and Highly Conditional Choice Exchange Offer
Dec 18, 2023 0 comments
Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham" or the "Company"), today announced that its Board of Directors, following a comprehensive review with its outside financial and legal advisors, has unanimously determined the unsolicited exchange offer (the "Offer") from Choice Hotels International, Inc. (NYSE: CHH) ("Choice") to acquire all outstanding shares of Wyndham is NOT in the best interests of Wyndham and its shareholders.
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