Starwood Rival Takeover Bid: What It Means for Brands, Executives and Shareholders
16.03.2016
by Deanna Ting, Skift
Starwood Hotels & Resorts' board of directors has exactly until 11:59 p.m. Eastern this Thursday to make a big decision about the future of the global hotel company. At stake is whether or not the Stamford, Connecticut-based company will continue with its $12.2 billion merger agreement with Mariott, or whether it will accept a new $14 billion bid from a group of companies led by Anbang Insurance Group, J.C. FLowers & Co., and Primavera Capital Group.
Starwood Rival Takeover Bid: What It Means for Brands, Executives and Shareholders
