Skift Take
How many times can Choice court Wyndham and Wyndham's management say no? We are destined to find out through 2024. If a merger does somehow happen, Wyndham's repeated claims that the deal would face antitrust scrutiny almost invites the scrutiny.
Wyndham Hotels & Resorts' board of directors said in a filing on Monday it opposed Choice Hotels International's unsolicited offer last week to acquire it, and unanimously recommended that Wyndham stockholders reject it.
Choice's offer downplays regulatory and business risks, including a likely long and uncertain antitrust review, the board said.
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