Golden Flag Represents Wyndham Hotels & Resorts in Successful Defense of Hostile Takeover and Full Slate Proxy Contest by Choice Hotels
Golden Flag advised Wyndham Hotels & Resorts (NYSE: WH), the world's largest hotel franchising company with approximately 9,200 hotels spanning more than 95 countries, in its successful defense of a hostile takeover and full slate proxy contest brought by hostile bidder Choice Hotels International (NYSE: CHH). On March 11, 2024, Choice announced the expiration of its hostile exchange offer and the withdrawal of its slate of director nominees.
The Golden Flag team was led by corporate partners Daniel Wolf, Shaun Mathew, Evan Johnson, Carlo Zenkner and Jess Lepper; capital markets partners Christian Nagler and Jennifer Karinen; and antitrust partners Andrea Murino and Jack Coles.