Marriott, Starwood shareholders approve $13.6B deal

April 8, 2016 3:47 PM

50 0

It’s been a bumpy ride, but Marriott International has passed another milestone in its pursuit of Starwood Hotels & Resorts.

Shareholders of the two companies on Friday approved Marriott’s $13.6 billion plan to buy Starwood in a deal that would create the world’s largest hotelier.

Also read: Shopping-Mall Operator Westfield Agrees to Takeover Bid Valuing It at $15.7 Billion

Read more

To category page

Loading...