Choice Hotels International Inc.'s hostile bid for Wyndham Hotels & Restaurants Inc. could result in a potential proxy battle, says Truist Securities.
The stock of Wyndham Hotels & Resorts Inc. (WH) rose more than 8% in trading Tuesday after Choice Hotels International Inc. (CHH) proposed to acquire the company with a $90-a-share stock-and-cash deal
Jody Lurie, credit analyst with Bloomberg Intelligence, joins Bloomberg Radio to discuss Wyndham rejecting the Choice Hotels takeover. Watch Bloomberg Radio LIVE on YouTube Weekdays 10am-6pm ET WATCH
Wyndham rejects the offer, saying it involves significant business and execution risk.

Wyndham rejects Choice Hotels nearly $8B offer

12:13pm, Tuesday, 17'th Oct 2023
A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offering inflation-hit customers a wide choice of afforda
Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeover the world's largest hotel franchiser. Choice CE
Choice Hotels offered to buy Wyndham Hotels and Resorts in a deal worth nearly $10 billion, including debt, after Wyndham walked way from the negotiating table a few weeks ago.

Why Wyndham Hotels & Resorts Stock Jumped Today

11:35am, Tuesday, 17'th Oct 2023
Choice Hotels International made another offer to merge with Wyndham. Choice sees a deal driving down costs and accelerating growth for both companies.
Wyndham Hotels & Resorts (NYSE: WH ) stock is on the rise Tuesday as investors react to news of a takeover bid for the hotel company. Choice Hotels International (NYSE: CHH ) is seeking to acquire Wy
Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.
CNBC's Becky Quick reports on the latest news.
Choice Hotels International Inc. CHH has launched a hostile to acquire Wyndham Hotels & Resorts Inc. WH, sending Wyndham's stock rising 17.7% in premarket trades Tuesday, while Choice shares fell 5.5%
Wyndham Hotels (WH) expands in the Caribbean with the addition of Wyndham Grand Barbados, Sam Lord's Castle Resort & Spa in Barbados.
Will Host Conference Call and Webcast on October 26, 2023 at 8:30 a.m. ET PARSIPPANY, N.J.
Wyndham Hotels (WH) solidifies its position in Turkey with new hotel openings.
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