Wyndham rejects Choice's revised $86/share bid; cites regulatory risk and low reverse termination fee

WYNDHAM HOTELS & RESORTS, INC.

Choice's revised offer valued at $86/share (down from $90); Wyndham board unanimously rejects it.
Wyndham cites two-year regulatory limbo risk, low 6% ($435M) reverse termination fee insufficient.
Wyndham reaffirms standalone growth; points to AAHOA opposition and franchisee uncertainty from Choice.
No changes to consideration form; Wyndham demands all-cash or better terms to address concerns.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.