Choice Hotels International Presents Bid to Acquire Wyndham Hotels & Resorts
Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.
Source: marketwatch.com
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Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.
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Choice Hotels International has submitted a proposal to acquire Wyndham Hotels & Resorts, with the potential transaction valued at approximately $9.8 billion.
US hotel group is offering $90 per share in proposed hostile takeover  
Says Choice Hotels was unable to address long-term risks like antitrust review