Choice Hotels International

Choice Hotels Launches Hostile Bid for Wyndham

12Dec

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Money

Choice Hotels Launches Hostile Bid for Wyndham

Updated Dec. 12, 2023 7:05 am ETChoice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts, after repeatedly being rebuffed in its effort to strike a friendly deal.Choice on Tuesday unveiled what is called an exchange offer for Wyndham stock, appealing directly to its rival’s shareholders.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

21Nov

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World

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Another bid by Choice Hotels to strike a deal with Wyndham Hotels & Resorts has fallen flat. After months of on-and-off talks for a deal that would unite two of the biggest budget hotel owners in the country, Wyndham’s board received a letter from Pat Pacious on Nov. 14, in which the Choice chief executive sought to restart negotiations and strike a deal with Wyndham before the end of the year, according to people familiar with the matter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

21Nov

By adminNo Comments

Money

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Another bid by Choice Hotels to strike a deal with Wyndham Hotels & Resorts has fallen flat. After months of on-and-off talks for a deal that would unite two of the biggest budget hotel owners in the country, Wyndham’s board received a letter from Pat Pacious on Nov. 14, in which the Choice chief executive sought to restart negotiations and strike a deal with Wyndham before the end of the year, according to people familiar with the matter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Choice Hotels Unveils $7.8 Billion Takeover Offer For Wyndham

17Oct

By adminNo Comments

Money

Choice Hotels Unveils $7.8 Billion Takeover Offer For Wyndham

Updated Oct. 17, 2023 12:22 pm ETChoice Hotels made public a $7.8 billion offer to buy Wyndham Hotels & Resorts, a bid to unite two of the biggest budget hotel owners in the country.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8