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Wyndham welcomes expiration of Choice’s unsolicited exchange offer, withdrawal of director nominees

( March 11, 2024, 13:50 GMT | Official Statement) -- MLex Summary: Wyndham said that it is pleased that Choice has ended its hostile pursuit and proxy contest, following the expiration of its unsolicited exchange offer.  "We are confident in Wyndham's standalone strategy and growth prospects under the leadership of our proven management team," said Stephen P. Holmes, Chairman of the Board. Wyndham had earlier today said that Choice's hostile takeover continued to ignore the inherent antitrust risk  of the transaction and has urged its shareholders to vote against the combination.Statement follows below:...

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