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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (6462)	6/14/2005 11:09:22 AM
From: Galirayo	Read Replies (1) \| Respond to of 23958

>>WBR .. Ken said they were selling off properties but to me it looks like an M&A thing in waiting. << Hmmmm .. looks like that was correct. DALLAS, Jun 14, 2005 (BUSINESS WIRE) -- Wyndham International, Inc. (WBR, Trade) announced today that it has entered into a definitive Merger Agreement to be acquired by an affiliate of The Blackstone Group in a transaction valued at $3.24 billion. Under the terms of the Merger Agreement, Blackstone will acquire all of the outstanding Common Stock of Wyndham for $1.15 per share in cash. The board of directors of Wyndham unanimously approved the Merger Agreement and recommended approval by its shareholders.