Starwood gets $13 billion bid from Anbang, tops Marriott offer
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Marriott (MAR) Comments on Starwood (HOT) Merger News; Will Review Anbang's Revised Proposal
March 18, 2016 9:13 AM EDTMarriott 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... More
