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Wyndham Worldwide Corp (WYN.N)

WYN.N on New York Stock Exchange

122.73USD
18 Jan 2018
Change (% chg)

$5.60 (+4.78%)
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Thu, Jan 18 2018

Wyndham to buy La Quinta hotel business for $1.95 billion

Wyndham Worldwide Corp will buy La Quinta Holdings Inc's hotel operations for $1.95 billion, it said on Thursday, adding another well-known U.S. brand and nearly 900 mid-scale, upper mid-scale and economy locations to its portfolio. | Video

UPDATE 3-Wyndham to buy La Quinta hotel business for $1.95 bln

* Wyndham shares rise 5.2 pct; La Quinta up 2.6 pct (Adds analyst comment, updates share movement)

BRIEF-Wyndham Worldwide Says‍ La Quinta To Pay Termination Fee Of $37 Mln, If Deal Ended Under Some Conditions

* WYNDHAM WORLDWIDE SAYS‍ IF LA QUINTA DEAL TERMINATED UNDER SOME CONDITIONS, LA QUINTA TO PAY CO A TERMINATION FEE OF $37 MILLION - SEC FILING Source text (http://bit.ly/2Bcaa7t) Further company coverage:

BRIEF-Wyndham Worldwide Sees $55 Mln To $70 Mln In Synergies From La Quinta Deal

* EXPECTING $55 MILLION - $70 MILLION OF SYNERGIES FROM LA QUINTA DEAL, ALMOST ENTIRELY COST SAVINGS

BRIEF-Wyndham Worldwide, La Quinta Announce Acquisition Agreement

* WYNDHAM WORLDWIDE AND LA QUINTA HOLDINGS ANNOUNCE ACQUISITION AGREEMENT

Wyndham Worldwide to buy La Quinta's hotel business for $1.95 bln

Jan 18 Wyndham Worldwide Corp said on Thursday it would acquire La Quinta Holdings Inc's hotel franchise and management businesses for $1.95 billion in cash.

LPC-Banks line up US$825m of debt for Wyndham’s European asset sale

LONDON, Jan 16 Banks are preparing debt packages of up to US$825m to back a potential sale of the European rental assets of American hospitality company Wyndham Worldwide , banking sources said.

BRIEF-Airbnb is among possible suitors for Wyndham Worldwide's Europe rentals - Bloomberg

* Airbnb is among possible suitors for Wyndham Worldwide's Europe rentals - Bloomberg, citing sources Source: https://bloom.bg/2h1rjJd Further company coverage:

BRIEF-Wyndham Worldwide's unit enters into timeshare loan-backed variable funding note purchase facility

* Wyndham Worldwide Corp - ‍On October 5, 2017, unit of co entered into a timeshare loan-backed variable funding note purchase facility, Series 2017-A

BRIEF-Wyndham Worldwide announces spin-off hotel company executive leadership team

* Wyndham Worldwide announces spin-off hotel company executive leadership team Source text for Eikon: Further company coverage:

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