NEW YORK -- Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will catapult it to become the world's largest hotelier by a wide margin.
The stock-and-cash deal, if completed, will add 50 percent more rooms to Marriott's portfolio and give it more unique, design-focused hotels that appeal to younger travelers.
Also read: Are the Raiders really moving to Las Vegas?
21:23 A 5-Step Guide To Picking Out Your Armor For The Women’s March10
14:53 Netflix fueled by original programming, even as its costs hold earnings back, analysts say16
16:16 Luxottica, Essilor $24 billion merger creates eyewear giant18
05:02 Ringling Bros. and Barnum & Bailey Circus to close after 146 years14