Choice Hotels rejects its $8 billion takeover bid for Wyndham after being repeatedly rebuffed – The Associated Press
Choice Hotels is launching a hostile takeover bid for Wyndham Hotels & Resorts after repeated attempts to reach an agreement with the rival hotel chain were rebuffed. Choice Hotels said Tuesday that its exchange offer to shareholders of Wyndham, which operates Days Inn, La Quinta, Ramada and a host of other brands, is consistent with … [Read more…]