Shares of Wyndham Hotels & Resorts Inc. jumped more than 15% before the opening bell Tuesday, to $82.40.
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Choice Hotels offers nearly $8 billion for larger rival Wyndham Hotels & Resorts as travel boomsChoice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off an a buyout worth nearly $8 billion after Wyndham broke off negotiations after six months. Choice, based in Rockville, Maryland, is offering $49.50 in cash and 0.324 shares of Choice common stock for each Wyndham share they own.
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Choice Hotels International Presents Bid to Acquire Wyndham Hotels & ResortsWyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.
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Choice Hotels offers nearly $8 billion for larger rival Wyndham Hotels & Resorts as travel boomsChoice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off on a buyout worth nearly $8 billion after Wyndham broke off negotiations.
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Choice Hotels offers nearly $8 billion for larger rival Wyndham Hotels & Resorts as travel boomsChoice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off on a buyout worth nearly $8 billion after Wyndham broke off negotiations.
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Choice Hotels offers nearly $8B for rival Wyndham Hotels & Resorts as travel boomsChoice Hotels International is asking shareholders of rival chain Wyndham Hotels & Resorts to sign off on a buyout worth nearly $8 billion after Wyndham broke off negotiations
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Choice Hotels launches hostile bid to acquire Wyndham Hotels for $90 per shareJames Rogers is a Financial Columnist for MarketWatch.
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