The Lede

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Marriott Wins Starwood Hotels Support with Improved Takeover Offer
Bloomberg, Mar. 21, 2016--Yu, Hui-Yong; Perlberg, Heather Starwood Hotels & Resorts Worldwide Inc. accepted an improved takeover offer from Marriott International Inc. valued at $13.6 billion, proceeding with plans to form the world's largest hotel operator as investors led by China's Anbang Insurance Group Co. seek to thwart the deal.
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MGM, Dubai World Sell Las Vegas Mall to Simon, Invesco for $1.1 Billion
Wall Street Journal, Mar. 18, 2016--Hufford, Austen MGM Resorts International and Dubai World's Infinity World Development Corp. will sell a Las Vegas luxury shopping center to mall operator Simon Property Group Inc. and Invesco Ltd. for about $1.1 billion, the latest payoff on a bet to remake the Las Vegas Strip.
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BlackRock’s Rieder Sees Opportunity in Commercial Mortgage Debt
Bloomberg, Mar. 18, 2016--Willmer, Sabrina Rick Rieder, chief investment officer of global fixed income at BlackRock Inc., said some securitized debt, including commercial mortgages, is among the most attractive opportunities in an environment of moderating growth.
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Macy’s Names REIT Expert to Board Amid Pressure to Spin Off Real Estate
Wall Street Journal, Mar. 22, 2016--Jamerson, Joshua Macy's Inc. said Tuesday that it has tapped William Lenehan, an expert in real-estate investment trusts, to become a board member as the company continues to face pressure to spin off its real estate despite ruling out the move last year.
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MGM Real Estate Subsidiary Files for Initial Public Offering
VEGAS Inc., Mar. 22, 2016--Morris, J.D. MGM Resorts International's new real estate subsidiary, which will own 10 of the company's properties, filed a registration statement for an initial public offering.
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