merger and acqui

(arubabeaches)

Marriott Beefs Up Bid, Buys Starwood Hotels For $13.6 Billion

Momentum in the tug-of-war over Starwood Hotels — home to brands like Sheraton, St. Regis, Westin, and W — has shifted once again. Only days after China’s Anbang Insurance appeared destined to win with its “superior proposal,” Marriott managed to dig deep with the help of a few billion additional dollars.

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