Starwood Hotels’ Chinese Suitor Backs Out of Bidding

A consortium led by the Anbang Insurance Group of China withdrew its $14 billion offer with no explanation, clearing the way for Marriott’s offer.


from NYT > International Home http://ift.tt/1UG4B8W
via http://mattcrowe.org

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s