Friday, April 8, 2016

​Marriott, Starwood shareholders approve blockbuster merger

It’s been a bumpy road getting here, but shareholders of Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. have cleared the way for a $13.3 billion merger between the two hospitality companies. Shareholders of both companies met Friday to vote on the merger, which will create the world’s largest hospitality company with more than 5,700 hotels and 1.1 million rooms. Several international regulatory approvals are still needed before the deal closes. Investors representing…



from http://www.bizjournals.com/baltimore/news/2016/04/08/marriott-starwood-shareholders-approve-13-3.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/142465336147

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