Marriott International Inc. (NYSE: MAR) will acquire Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) in a deal valued at approximately $12.2 billion. Shares of Marriott added 98 cents to close at $73.72 while Starwood stock dropped $2.72 to close at $72.27.
Marriott to buy Starwood for $12.2 billion
November 16, 2015 at 18:09 PM EST