April 4, 2018 / 1:25 PM / 16 days ago

BRIEF-RLH Corp To Acquire The Knights Inn Brand From Wyndham Hotel Group

April 4 (Reuters) - Red Lion Hotels Corp :

* RLH CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE THE KNIGHTS INN BRAND FROM WYNDHAM HOTEL GROUP

* DEAL FOR AN AGGREGATE PRICE OF $27 MILLION CASH

* DEAL WILL BE IMMEDIATELY ACCRETIVE TO COMPANY’S EARNINGS AND CASH FLOW​

* ‍ENTERED INTO DEFINITIVE AGREEMENT TO ACQUIRE KNIGHTS INN BRAND FROM WYNDHAM HOTEL GROUP, LLC SUBSIDIARY OF WYNDHAM WORLDWIDE​ Source text for Eikon: Further company coverage:

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