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      "text": "Choice is willing to include a reverse break fee of $435M should Wyndham sign a definitive agreement.",
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      "text": "Monthly ticking fee of $38 million commencing on the first anniversary from when a majority of Wyndham shares are tendered into the exchange offer. Commitment to undertake any requests from regulators to close the transaction. Flexibility to accommodate market standard timeframe to complete transaction. In addition, as proposed to Wyndham previously, Choice is willing to include a reverse break fee of $435M should Wyndham sign a definitive agreement.",
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