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Anbang Offer Puts Starwood-Marriott Merger at Risk

Starwood Hotels & Resorts has received a $12.84 billion buyout offer from a consortium led by China’s Anbang Insurance Group, threatening to derail its planned takeover by Marriott International. The consortium made the unsolicited offer on March 10 to acquire ...

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Marriott Presents Lower Rates for Direct Booking

In an effort to dismiss potential rumors that other travel websites offer lower rates for its hotels, Marriott International will begin to offer discounted room rates exclusive to Marriott Rewards members who book directly or through appointed corporate travel professionals. ...

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Marriott Reaffirms Commitment to Starwood Merger

Marriott Reaffirms Commitment to Starwood Merger

Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, Inc. to create the world’s largest hotel company. The combined company will offer stockholders significant equity upside and greater long term value driven by a larger global ...

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Investors Eye Starwood, Marriott Earnings

With the Marriott-Starwood merger looming, investors eagerly awaited fourth quarter 2015 results for both companies. Marriott International last night reported a slightly smaller-than-expected increase in revenue for its fourth quarter, while occupancy and daily average rates improved, according to MarketWatch. Fourth ...

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