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Home » Travel » Wyndham Worldwide to acquire La Quinta for $1.95bn

Wyndham Worldwide to acquire La Quinta for $1.95bn

Wyndham Worldwide will acquire La Quinta’s hotel franchise and hotel management businesses for $ 1.95 billion in cash. Under the terms of the agreement, stockholders of La Quinta will receive $ 8.40 per share in cash (approximately $ 1 billion in aggregate), and Wyndham Worldwide will repay approximately $ 715 million of La Quinta debt.
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