Wyndham confirms receipt of expansive ftc second request under hsr act for choice's unsolicited hostile offer to acquire wyndham

Extended regulatory review certain  offer continues to undervalue wyndham and exposes wyndham shareholders  to significant asymmetrical risk parsippany, n.j., jan. 11, 2024 /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, today confirmed receipt of a 40-page and 65-topic 'second request' from the federal trade commission in connection with choice hotels international, inc.'s (nyse: chh) ("choice") unsolicited proposed acquisition of wyndham: "from the beginning, wyndham has consistently stated that this transaction would be subject to an ftc second request, and therefore the ftc's decision to issue one is no surprise," said stephen p.
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