Marriott reached an amended agreement to acquire Starwood Hotels & Resorts after boosting its bid to $13.6 billion, which is 10% higher than the agreement the two companies reached in November and about 2% more than a competing bid that Anbang Insurance Group made last week.
from HOTELMARKETING.COM http://ift.tt/1UKBiAl
Tuesday, March 22, 2016
Marriott ups offer, wins Starwood bid
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