Category: choice
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Wyndham Rejects Choice Hotels Takeover For $90 Per Share ($7.8 Billion)
Written by William Charles @ Doctor Of Credit Choice hotels has unveiled a plan for a hostile takeover of Wyndham for $90 per share ($7.8 billion and $9.8 factoring in Wyndham’s debt) in a cash and stock deal ($49.50 in cash and 0.324 shares of Choice common stock). According to Choice they made an offer…