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Stock Market & Financial Investment News

News Breaks
January 14, 2013
10:03 EDTWYNWyndham in deal with Colony Capital to brand 56 hotels
Wyndham Hotel Group, part of Wyndham Worldwide, announced that, through a deal with affiliates of Colony Capital, including Colony Financial, it has branded 56 properties throughout the mid-Atlantic and southeast corridor of the U.S. Formerly Jameson Inn properties, the hotels now fly the Baymont Inn & Suites, Days Inn and Howard Johnson brand flags and will be managed by Aimbridge Hospitality. Forty nine of the hotels will be branded with the Baymont brand name, one will become a Days Inn property and six will be converted to Howard Johnson hotels.
News For WYN From The Last 14 Days
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March 26, 2015
16:09 EDTWYNStarwood rises after FTC notice sparks takeover speculation
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15:56 EDTWYNStarwood could be worth $103/share in buyout, says SunTrust
SunTrust says the FTC's move to grant early termination notice on the potential Senator Global Opportunity Offshore Fund, Starwood deal could be driving some takeover speculation in the name. The firm sees Wyndham (WYN) as the most likely acquirer, and estimates that Starwood (HOT) could be worth $103 in a takeout scenario. SunTrust questions whether the speculation is "all smoke and no fire," however, and keeps a Neutral rating on the stock with an $85 price target.

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