The Battle for Wyndham Hotels – Merger Arbitrage Mondays – InsideArbitrage

Considering M&A activity slowed down significantly during a holiday shortened week, I figured I would briefly touch upon a pre-merger situation. The hostile acquisition of Wyndham Hotels & Resorts (WH) by Choice Hotels International (CHH) entered a new phase in late December when in an unusual move, Choice Hotels decided to start working with the FTC for regulatory approval of the deal. Choice Hotels has already engaged with institutional shareholders that hold over 40% of shares outstanding.

The Battle for Wyndham Hotels – Merger Arbitrage Mondays – InsideArbitrage

Considering M&A activity slowed down significantly during a holiday shortened week, I figured I would briefly touch upon a pre-merger situation. The hostile acquisition of Wyndham Hotels & Resorts (WH) by Choice Hotels International (CHH) entered a new phase in late December when in an unusual move, Choice Hotels decided to start working with the FTC for regulatory approval of the deal. Choice Hotels has already engaged with institutional shareholders that hold over 40% of shares outstanding.