Starwood plans to end Marriott Deal after getting higher, $13 Billion offer from China's Anbang!

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Not completely a done deal. Marriott has until 28 MAR to submit a new offer. Breaking the Marriott deal will cost Starwood $400M in penalties.

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Starwood will get even better with the new infused cash flow.

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Oh!!!!! Everyone repeat after me: ni hao!

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@A1 is right. And all indicators are saying that Marriott is preparing a counter offer as well.

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Wouldn't be surprised if Anbang covers those penalties

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No Lunch, No Gifts?
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