Wyndham Acquires LaQuinta For $1.95 Billion in Cash
Wyndham Worldwide Corporation has entered into a definitive agreement to acquire the hotel franchise and hotel management businesses of La Quinta for $1.95 billion in cash, as the transaction has been approved by the boards of directors of both companies; and the closing of this acquisition is expected to occur sometime during the second quarter of 2018.
As a result of the acquisition…
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