Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels
Updated Nov. 21, 2023 7:27 am ET
Another bid by Choice Hotels to strike a deal with Wyndham Hotels & Resorts has fallen flat.
After months of on-and-off talks for a deal that would unite two of the biggest budget hotel owners in the country, Wyndham’s board received a letter from Pat Pacious on Nov. 14, in which the Choice chief executive sought to restart negotiations and strike a deal with Wyndham before the end of the year, executives said Tuesday.
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