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Choice Hotels slams Wyndham's claims of antitrust risk in its $85-a-share bid for its smaller rival
CHHChoice Hotels(CHH) Market Watch·2024-01-10 13:18

Choice Hotels International Inc. CHH, -1.31% said Wednesday that the antitrust risk that Wyndham Hotels & Resorts Inc. WH, -0.84% has claimed is inherent in Choice’s hostile $85-a-share takeover bid for its smaller rival is “misleading and further reflects the board’s apparent entrenchment.” In a presentation published Wednesday and filed with the Securities and Exchange Commission, Choice Hotels said it’s disappointed that Wyndham has pushed its disinformation campaign. “Wyndham’s characterization of the ...