Starwood Hotels’ Chinese Suitor Backs Out of Bidding
A consortium led by the Anbang Insurance Group of China withdrew its $14 billion offer for Starwood, no explanation given, clearing the way for Marriott’s offer. [Source]
Publication Date:Origin: nytimes.com
Category: Hotels and Travel Lodgings
Topics: offer, Starwood, Marriott’s, clearing, given, explanation, billion, withdrew, China, Group, Insurance, Anbang, consortium, Bidding, Backs, Suitor, Chinese, Hotels’