Page 8 - Patrick Pacious News Today

Wall Street drifted to a mixed finish following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking. The S&P 500 edged

The board of Wyndham Hotels & Resorts has rejected a takeover proposal from Choice Hotels International.

Wyndham Hotels & Resorts Inc. called Choice Hotels International Inc.s takeover offer "underwhelming," rejecting a proposal that would create a dominant player in the budget hotel space.

Wyndham Hotels & Resorts rejected an unsolicited $8 billion buyout offer from Choice Hotels, a smaller chain that went public Tuesday with its bid after negotiations broke down.

NEW YORK -- Wall Street drifted to a mixed finish Tuesday following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserves liking.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Choice said it is making its latest proposal public following Wyndham's decision to disengage from further discussions.

Choice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off on a buyout worth nearly $8 billion after Wyndham broke off negotiations, the company said...

/PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company" or "Choice"), today announced a proposal to acquire all the outstanding shares of...

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