Starwood gets $13 billion bid from Anbang, tops Marriott offer: Reuters

Starwood Hotels & Resorts Worldwide Inc (HOT.N) on Friday said a $13 billion cash offer from China's Anbang Insurance Group Co was superior to one from Marriott International Inc (MAR.O), setting the stage for the largest-ever deal by a Chinese company in the United States, Reuters News reported.

21 March 2016•4 mins read
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