After being rebuffed by the Wyndham Hotels & Resorts board of directors, Maryland-based Choice Hotels is taking its acquisition offer to Wyndham shareholders.
An unidentified bidder has offered to purchase The Morning Call Media Group for $30 million to $40 million, a proposal that was disclosed in a regulatory filing Tuesday that comes about a month after the Allentown newspaper’s parent company announced it was selling its properties to a hedge fund with a reputation for ruthless cost-cutting.