Choice Hotels abandons its takeover of Wyndham techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Choice Hotels International
pressed ahead with its $8 billion hostile bid for
Wyndham Hotels & Resorts on Monday by nominating a slate
of directors to replace Wyndham s eight-member board,.
Choice Hotels International: It is Choice s latest attempt to break a stalemate after trying for most of the last year to negotiate a deal with Wyndham, which has rebuffed the bid as low-premium and fraught with antitrust risk. Wyndham has also raised concerns about the combined company carrying too much debt and a slowdown in Choice s business.
Choice Hotels nominates board directors in hostile Wyndham bid streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Choice Hotels International pressed ahead with its $8 billion (€7.3 billion) hostile bid for Wyndham Hotels & Resorts on Monday by nominating a slate of directo.