rejects

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…]

Why the White House rejects a Japanese company's offer to take over a US steel maker – The Indian Express

Japanese steel giant Nippon Steel’s plans to buy Pittsburg-based US Steel have faced opposition from both Democratic and Republican lawmakers – and now the Joe Biden administration. The bipartisan opposition to the $14.9 billion deal appears to be at odds with the fundamental American commitment to free markets and unrestricted entrepreneurship. Critics of the deal … [Read more…]