Hotel deals make a splash on Wall Street – CNBC


CNBC

Hotel deals make a splash on Wall Street
CNBC
Starwood (HOT) signed off on an improved takeover bid from Marriott (MAR) worth $13.6 billion in cash and stock. The revised deal comes after China’s Anbang last week topped Marriott’s original offer. (CNBC). Starwood also inked a deal to operate
China Construction Bank to Provide Debt Financing for Anbang’s Starwood DealWall Street Journal
Marriott wins back Starwood with higher bidUSA TODAY

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