Skift Take
Choice Hotels has made yet another, more assertive move in its hostile takeover bid of rival Wyndham. It looks like shareholders will be voting on a potential merger when they consider board elections in May.
Choice Hotels is preparing to nominate multiple directors to Wyndham Hotels & Resorts' board in an aggressive move to push its approximately $9.8 billion unsolicited merger bid between the two U.S.-based hotel companies.
Choice Hotels in recent weeks bought a small Wyndham stake. The company plans to buy more of its rival's stock in the coming days, source