Wyndham Worldwide completes acquisition of La Quinta Holdings [Seeking Alpha]
WYNDHAM WORLDWIDE (WYN)
Last wyndham worldwide earnings: 5/2 06:30 am
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investor.wyndhamworldwide.com
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Source: Seeking Alpha
Wyndham Worldwide completes acquisition of La Quinta HoldingsWyndham Hotels & Resorts, a subsidiary of Wyndham Worldwide (NYSE:WYN)completed its previously announced acquisition of La Quinta Holdings' hotel franchising and hotel management business.Wyndham Hotels & Resorts funded the $1.95B acquisition of La Quinta with proceeds from its $500M offering of 5.375% senior notes due 2026 completed in April and a $1.6B term loan due 2025 that closed in connection with the acquisition.Previously:Wyndham lands La Quinta's hotel management business (Jan. 18)Click to subscribe to real-time analytics on WYNNow read:Despegar.com 2018 Q1 - Results - Earnings Call Slides »
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