---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-058728"
form_type: "8-K"
ticker: "CHH"
cik: "0001046311"
company_name: "CHOICE HOTELS INTERNATIONAL INC /DE"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T03:20:12.635887+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Choice Hotels urges Wyndham stockholders to tender shares by March 8 deadline in exchange offer

## Summary
- Offer value of $90 per share: $49.50 cash plus 0.324 Choice shares, based on Choice's Oct 16, 2023 price.
- Exchange offer expires 5:00 p.m. ET on March 8, 2024; Choice may extend or terminate based on participation.
- Choice claims progress on regulatory requests and offered above-market protections including reverse termination fee.
- Wyndham has not provided due diligence access or feedback on transaction terms, limiting ability to enhance offer.
- Tendering does not obligate acceptance; shares can be withdrawn if offer is extended (notice by March 11).

## SEC filing metadata
- accession: 0001193125-24-058728
- form_type: 8-K
- ticker: CHH
- cik: 0001046311
- company_name: CHOICE HOTELS INTERNATIONAL INC /DE
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046311/000119312524058728/0001193125-24-058728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046311/000119312524058728/d800382d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-058728
- JSON: https://secwatch.observer/filing/0001193125-24-058728.json
- Plain text: https://secwatch.observer/filing/0001193125-24-058728.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.