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Showing posts from March 21, 2016

Statement by Marriott International, Inc. Regarding Proposed Starwood Merger Acquisition

Marriott International, Inc. (NASDAQ: MAR) has been informed by Starwood Hotels and Resorts Worldwide (NYSE: HOT), and Starwood has announced publicly, that the Starwood Board of Directors has determined that it considers an Anbang consortium proposal to acquire Starwood to be a 'Superior Proposal' to Marriott's existing merger agreement with Starwood.