Page 6 - Patrick Pacious News Today

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal with the rival hotel chain were rebuffed. Choice Hotels said Tuesday that ...

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal with the rival hotel chain were rebuffed. Choice Hotels said Tuesday that its exchange offer to shareholders of Wyndham, which runs Days Inn, La Quinta, Ramada and a host of

Choice Hotels said its exchange offer to Wyndham shareholders is the same as its last bid to company management, which was $49.50 in cash and 0.324 shares of Choice common stock per Wyndham share

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal with the rival hotel chain were rebuffed. Choice Hotels said Tuesday that …

The exchange offer gives Wyndham shareholders the chance to choose to receive all cash, all shares or a combination of the two.

Choice Looks to Impose Two Years of Regulatory Limbo and Significant Business Risk on Wyndham Shareholders and Fails to Address Substantial Concerns with Prior Offer Now Valued at $86 PARSIPPANY,...

Operator: Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels Internationals Third Quarter 2023 Earnings Call. At this time, all lines are in a listen-only mode.

Choice CEO Patrick Pacious called a deal "too compelling not to see it all the way through."

Raises Full-year 2023 Financial Guidance Grows Global Rooms Pipeline Sequentially 6% Including 27% Increase for Conversion Hotels Returns $550 Million to Shareholders Last Twelve Months...

Phocuswright analyst Robert Cole called Choice's unsolicited bid a "bold move" since Wyndham is the bigger company.