| Previous Close | N/A |
| YTD Return | N/A |
| Expense Ratio (net) | N/A |
| Category | N/A |
| Last Cap Gain | N/A |
| Morningstar Rating | N/A |
| Morningstar Risk Rating | N/A |
| Sustainability Rating | N/A |
| Net Assets | N/A |
| Beta (5Y Monthly) | N/A |
| Yield | N/A |
| 5y Average Return | N/A |
| Holdings Turnover | N/A |
| Last Dividend | N/A |
| Average for Category | N/A |
| Inception Date | N/A |
ReutersWyndham gets FTC's second request after hostile bid by Choice
"The second request, which is issued in only around 1% of deals reviewed by the FTC, marks the start of a complex, lengthy process... with an uncertain outcome and no guarantee of closing," Wyndham Chairman Stephen Holmes said. Wyndham in December requested its shareholders to reject the hostile bid launched by Choice in October, citing lower valuation and a long regulatory review. Wyndham has repeatedly highlighted that the offer undervalues its business and carries regulatory risks.
ReutersWyndham asks shareholders to reject Choice Hotels' offer
Last week, Choice launched a hostile bid for Wyndham after the New Jersey-based hotel repeatedly rebuffed the overtures. "We are confident Wyndham can deliver long-term shareholder value well in excess of the $85 per share offered by Choice by continuing to execute on our existing business plan" said Stephen Holmes, chairman of the Wyndham Board. Wyndham also added that reception from franchisees has been extremely negative.
ReutersWyndham franchisees question possible Choice merger, association says
A major U.S. hotel owners association said its Wyndham Hotels & Resorts franchisee members are worried an acquisition by budget operator Choice Hotels International could hurt their business. Choice on Tuesday launched a hostile bid for Wyndham to bring Wyndham to the negotiating table. The deal, initially valued at $7.8 billion, would combine two of the biggest U.S. budget operators at a time when demand for cheaper extended stay brands is growing rapidly.
