Choice Hotels Announces Special Dividend of $10 per share
Choice Hotels (CHH) whose midpriced and budget hotel brands include Comfort Inn, Quality Inn and Econo Lodge, announced it intended to offer $400 million of 10-year, asset-backed senior notes to help fund a $600 million special cash dividend. This is a special dividend of approximately $10.00 per share. The special dividend must be approved by the Board. There is no date scheduled for …
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