company buyout
Wyndham Board Urges Shareholders to Reject Inadequate and Highly Conditional Choice Exchange Offer
Wyndham Hotels & Resorts | December 18, 2023
Board Unanimously Recommends Wyndham Shareholders NOT Tender Shares Choice Ignores Significant Regulatory and Business Risks and Misleads Wyndham Shareholders and Other Stakeholders with Continued Inconsistent and Inaccurate Statements Wyndham Board Believes the Company Can Deliver Long-Term Shareholder Value in Excess of the Current $85 Per Share in Cash and Stock Offered by Choice Visit StayWyndham.com, Where Shareholders and Franchisees Can Get the Facts PARSIPPANY, N.J., Dec. 18, 2023 -- Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham" or the "Company"), today announced that its Board of Di...
Choice Hotels Proposes to Acquire Wyndham Hotels & Resorts for Almost $10B
Choice Hotels | October 17, 2023
Represents 26% Premium to 30-Day VWAP ending on October 16, 2023, 11% Premium to 52-WeekHigh, and 30% Premium to Latest Closing Price Significantly Enhances the Return on Investment for Choice and Wyndham Franchisees Provides a Compelling Range of Lodging Options and Price Points Well-Positioned to Serve Evolving Needs of the Value-Driven Traveler Annual Run-Rate Synergies of Approximately $150 Million Anticipated While Accelerating Opportunities for Sustained Long-Term Growth ROCKVILLE, Md., Oct. 17, 2023 – Choice Hotels International, Inc. (NYSE: CHH) (the “Company” or “Choice”), today announced a proposal to acquire a...
