Wyndham Confirms Receipt and Review of Unsolicited Exchange Offer from Choice ...Middle East

Wyndham Hotels & Resorts (NYSE: WH) (“Wyndham” or the “Company”), the world’s largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today confirmed that Choice Hotels International, Inc. (NYSE: CHH) (“Choice”), has commenced an unsolicited exchange offer to acquire all outstanding shares of Wyndham common stock. The offer proposed by Choice appears unchanged from the terms outlined in a letter to Wyndham dated November 14, 2023 and is currently valued at approximately $86 per share.

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Last updated : 13 Dec 2023 clock 02:05 PM

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Wyndham Confirms Receipt and Review of Unsolicited Exchange Offer from Choice ...Middle East

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