Tuesday, March 29, 2016

​Analysts caution Marriott on going too much higher for Starwood

Wall Street analysts don’t expect Marriott International Inc. to go too much higher in its bid to buy Starwood Hotels & Resorts Worldwide Inc., after Chinese insurer Anbang increased its offer for the company to $82.75 in cash per share Monday. Marriott reaffirmed its commitment to merging with Starwood in a statement Monday. Both of the Bethesda-based hotelier’s offers for Starwood have been rooted more in its stock than cash: Marriott’s second offer attached $21 in cash per Starwood share…



from http://www.bizjournals.com/baltimore/news/2016/03/29/analysts-caution-marriott-on-going-too-much.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/141901838782

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