Wyndham rejects Choice Hotels’ unsolicited buyout offer ...Middle East

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. Wyndham, which owns 24 brands including Wyndham, Wyndham Garden, Days Inn, La Quinta, Travelodge, Ramada and Microtel, on Tuesday called the proposal “opportunistic” and said that it undervalues its growth potential. The offer was rejected unanimously by its board, the company said. “Choice’s offer is underwhelming, highly conditional and subject to significant business, regulatory and execution risk,” Wyndham chairman Stephen Holmes said in a prepared statement. “Choice has been unwilling or unable to address our

Hence then, the article about wyndham rejects choice hotels unsolicited buyout offer was published today ( Wednesday 18/10/2023 - 05:16 AM ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Wyndham rejects Choice Hotels’ unsolicited buyout offer )

Last updated : 18 October 2023 clock 05:16 AM

Also on site :

Wyndham rejects Choice Hotels’ unsolicited buyout offer ...Middle East

An Inconvenient Moment for an Extreme Global Heat Wave

Australia to begin selling uranium to India for peaceful purposes

5 Things I'm Doing Differently on My Second Mediterranean Cruise

Bonnie Tyler, ‘Total Eclipse of the Heart’ Singer, Dies at 75

England v India women's cricket on TV 2026: Lord's Test coverage, live stream and highlights

I hid my ADHD as a child – the alternative was far worse

Monport MEGAS Demonstrates How Intelligent Precision Is Redefining Desktop CO2 Laser Engraving

What jurors are about to hear in the Charlie Kirk assassination case

Conventional Wisdom: Face Value Edition

750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’

Are moose tourists or natives in Colorado? A new answer just dropped.

Bonnie Tyler, Welsh Singing Superstar Behind “Total Eclipse of the Heart” and “Holding Out for a Hero,” Dies at 75

Naftali Bennett: Why the U.S.-Israel Alliance Matters

Extreme heat waves are making our cities buckle. Investing in urban nature is no longer optional.

Stevie Nicks and the Astrology of Becoming a Legend