​Marriott spent $10M in Q1 on a merger that almost fell through

Marriott International Inc. spent $10 million in the first quarter on its planned $12.6 billion merger with Starwood Hotels & Resorts Worldwide Inc. before it even knew that the deal would go through, according to Marriott’s latest Securities and Exchange Commission filings. And that money would have been for naught, had Chinese firm Anbang Insurance Group Co. not pulled out of negotiations for Starwood [NYSE: HOT] at the last minute in March. (Though Marriott might have been able to recover some…

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