Brief: Wyndham Confirms Receipt Of FTC Second Request For Choice's Unsolicited Hostile Offer To Acquire Wyndham

Wyndham Hotels & Resorts

11/01/2024 23:26

Jan 11 (Reuters) - Choice Hotels International Inc
 CHH.N :
    * WYNDHAM CONFIRMS RECEIPT OF EXPANSIVE FTC SECOND REQUEST
UNDER
HART-SCOTT-RODINO ACT FOR CHOICE'S UNSOLICITED HOSTILE OFFER TO
ACQUIRE WYNDHAM
    * WYNDHAM HOTELS & RESORTS INC - "OFFER CONTINUES TO
UNDERVALUE
WYNDHAM AND EXPOSES WYNDHAM SHAREHOLDERS TO SIGNIFICANT
ASYMMETRICAL RISK"
    * WYNDHAM HOTELS & RESORTS INC - WILL COMPLY FULLY WITH
FTC'S
SECOND REQUEST AS REQUIRED BY LAW

Source text for Eikon:  ID:nPn1kZxhka 
Further company coverage:  CHH.N 

 ((Reuters.Briefs@thomsonreuters.com;))