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Live News EQUITY ARTICLE M impact

Choice Hotels to Acquire RV Travel Firm Harvest Hosts for $130M

Choice Hotels International has agreed to purchase RV travel membership company Harvest Hosts from private-equity firm Stripes for approximately $130 million in an all-cash transaction, which includes debt. The deal is anticipated to conclude by Thursday.

CHH

Choice Hotels International said it agreed to buy RV travel membership company Harvest Hosts from New York private-equity firm Stripes in an all-cash transaction valued at about $130 million, including debt. The deal is expected to close Thursday and is not anticipated to have a material impact…