Starwood Gets Higher Offer From Anbang-led Group, Threatening Marriott Deal

Wall Street Journal, Mar. 28, 2016–Jamerson, Joshua

The battle for Starwood Hotels & Resorts Worldwide Inc. continued Monday as the group led by China’s Anbang Insurance Group Co. increased its bid for the hotelier to $14 billion, raising the stakes in the high-profile bidding war with Marriott International Inc.

(More)