Wyndham board of directors rejects unsolicited proposal from choice

Proposal presents unacceptable risk to wyndham shareholders parsippany, n.j. , oct. 17, 2023 /prnewswire/ -- wyndham hotels & resorts (nyse: wh) ("wyndham" or the "company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, announced that its board of directors unanimously rejected a highly conditional, unsolicited stock-and-cash proposal by choice hotels international, inc. (nyse: chh) ("choice") to acquire all outstanding shares of wyndham.
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