Wyndham Board Urges Shareholders to Reject Inadequate and Highly Conditional Choice Exchange Offer
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. The Wyndham Board of Directors unanimously recom...
United States Stephenp Holmes Arnold Porter Kaye Scholer Exchange Commission Choice Hotels International Inc Kirkland Ellis
Source: hospitalitynet.org