Marriott, Starwood put fate in stockholders' hands as they look toward merger's next step

Company executives will put their grand deal to a vote Friday, capping a month of bidding, conflicting board recommendations and an outcome that has Marriott International Inc. paying more than $1 billion more for Starwood Hotels & Resorts Worldwide Inc. than it originally offered. That increase was not lost on Marriott CEO Arne Sorenson, who acknowledged last week after a consortium led by Anbang Insurance Group Co. pulled out of the bidding that the Bethesda-based company’s $13.3 billion deal…

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