Wyndham’s Board Encourages Shareholders Not to Tender Shares to Choice Offer
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors, following a review with its outside financial and legal advisors, has unanimously determined the exchange offer from Choice Hotels International, Inc. to acquire all outstanding shares of Wyndham is not in the best interests of Wyndham and its shareholders. The Wyndham Board of Directors recommends that shareholders not tender any of their shares into the offer. “Choice has, once again, failed to address […]
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