Statement by Marriott International, Inc. Regarding Proposed Starwood Merger Acquisition

Marriott International, Inc. has been informed by Starwood Hotels and Resorts Worldwide, 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 merger agreement with Starwood. Starwood has further informed Marriott that it intends […]

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