Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8 Deadline

Author: Benzinga Newsdesk | March 05, 2024 07:36am

Choice Hotels International, Inc. (NYSE:CHH) ("Choice") urges the stockholders of Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham") to tender their shares into the exchange offer ahead of its expiration at 5:00 p.m. ET on Friday, March 8, 2024. Tendering shares will send a clear message to Wyndham's board of directors to constructively engage with Choice to reach a consensual agreement on the terms of a transaction. Depending on participation, Choice intends to either extend or terminate the exchange offer and will evaluate next steps related to its nomination of a slate of independent directors for election to the board of directors of Wyndham.

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