The Marriott-Starwood deal will create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection. Marriott in November offered $12.2 billion, or $72.08 per, for Starwood.
Starwood shareholders will own about 34 per cent of the combined company’s common stock after the merger is completed, based on current shares outstanding.
Starwood, owner of brands such as Westin which operates a five-star hotel on Dublin's Westmoreland Street, received an unsolicited takeover...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team