Marriott to buy Starwood for $12.2 billion

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.



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