Choice Hotels Launches Hostile Bid for Wyndham

Choice Hotels Launches Hostile Bid for Wyndham


Updated Dec. 12, 2023 7:05 am ET

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resortsafter repeatedly being rebuffed in its effort to strike a friendly deal.

Choice on Tuesday unveiled what is called an exchange offer for Wyndham stock, appealing directly to its rival’s shareholders.

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