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Wyndham says US FTC’s probe into Choice takeover bid focuses on franchisee market

By Ben Brody ( January 5, 2024, 16:27 GMT | Insight) -- Wyndham Hotels & Resorts told investors the US Federal Trade Commission issued a seven-page letter seeking information about the would-be effect of Choice Hotels International’s takeover bid on the franchisee market and signaled any deal between the companies would trigger an “extensive investigation” by the agency.Wyndham Hotels & Resorts told investors the US Federal Trade Commission issued a seven-page letter seeking information about the would-be effect of Choice Hotels International’s takeover bid on the franchisee market and signaled any deal between the companies would trigger an “extensive investigation” by the agency....

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