Tag: anbang
Marriott Reaffirms Commitment to Starwood Deal
BETHESDA, Md.—Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, confident that the previously announced amended merger agreement is the...
Starwood Recieves Higher Offer from Anbang
Starwood Hotels & Resorts has received a revised proposal from the Anbang consortium with an increased purchase price of $82.75 per share, which surpasses...
How Marriott Could Lose Starwood
Even though Starwood Hotels & Resorts has accepted Marriott International’s sweetened $13.6 billion offer, some analysts believe Anbang Insurance Group may yet win out...
Examining the Logistics of Anbang’s Offer
In light of Chinese insurer Anbang's unsolicited $12.8 billion bid for Starwood Hotels & Resorts, some analysts are predicting that Marriott, who originally won...