Tag: Merger
Merger Termination Would Temper Marriott’s Ratings Momentum
NEW YORK—Fitch Ratings would likely revise its rating outlook for Marriott International to stable from positive if Starwood Hotels & Resorts terminates its merger...
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...
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...
More Mergers, Acquisitions to Come in 2016
Following a year that saw major hotel companies wheeling and dealing toward a more consolidated marketplace, Reuters is expecting to see even more merger and acquisition (M&A)...
Marriott/Starwood Merger Cleared by DOJ and FTC
The first regulatory hurdle for the Marriott/Starwood merger was cleared on Monday when the U.S. Department of Justice and Federal Trade Commission did not...