Author Topic: Marriot to buy Starwood (Read 4996 times)

YossieW · « **on:** November 16, 2015, 08:26:35 AM »

Marriot is buying Starwood for 12.2 billion is this good or bad? What affect will it have to existing Starwood status etc.

Emkay · « **Reply #1 on:** November 16, 2015, 08:36:35 AM »

Repost

YossieW · « **Reply #2 on:** November 16, 2015, 08:40:50 AM »

Quote from: Emkay on November 16, 2015, 08:36:35 AM

Repost

I only saw a post that Starwood was looking to sell and no one was sure to who I was just clarifying who actually is aquirring Starwood

Emkay · « **Reply #3 on:** November 16, 2015, 08:43:20 AM »

Quote from: YossieW on November 16, 2015, 08:40:50 AM

I only saw a post that Starwood was looking to sell and no one was sure to who I was just clarifying who actually is aquirring Starwood

Look again

jbwan · « **Reply #4 on:** November 16, 2015, 08:44:17 AM »

Nope report out says its Marriott: http://www.cnbc.com/2015/11/16/marriott-to-buy-starwood-for-122b-in-cashstock.html these mergers take time, so changes to Starwood won't happen overnight but will be interesting to see how the plan is affected a la usair/aa and continental/United when was the last big hotel merger?

YossieW · « **Reply #5 on:** November 16, 2015, 08:47:18 AM »

Quote from: Emkay on November 16, 2015, 08:43:20 AM

Look again

Post a link please

yhaller14 · « **Reply #6 on:** November 16, 2015, 08:51:01 AM »

Quote from: YossieW on November 16, 2015, 08:47:18 AM

Post a link please

http://forums.dansdeals.com/index.php?topic=57563.0

yhaller14 · « **Reply #7 on:** November 16, 2015, 08:51:48 AM »

He beat you by almost 2 hours

YossieW · « **Reply #8 on:** November 16, 2015, 08:58:45 AM »

Quote from: yhaller14 on November 16, 2015, 08:51:48 AM

He beat you by almost 2 hours

I couldn't find it when I searched but I guess that's what happens when you live on the west coast you get breaking news last

yhaller14 · « **Reply #9 on:** November 16, 2015, 10:20:00 AM »

Quote from: YossieW on November 16, 2015, 08:58:45 AM

I couldn't find it when I searched but I guess that's what happens when you live on the west coast you get breaking news last

That's how it always works lol

Buruch · « **Reply #10 on:** November 16, 2015, 10:59:40 AM »

But you get some deals first.

Tzfas · « **Reply #11 on:** March 14, 2016, 07:15:29 AM »

According to the WSJ: Starwood Hotels & Resorts Worldwide said it received an unsolicited takeover approach from an investor group for $76 a share, a deal that would scuttle its planned combination with Marriott International.

dandu16 · « **Reply #12 on:** March 14, 2016, 07:50:48 AM »

http://www.nytimes.com/2016/03/14/business/dealbook/chinese-owner-of-waldorf-astoria-bets-big-on-more-us-hotels.html?_r=0

These guys

Mordyk · « **Reply #13 on:** March 14, 2016, 08:40:46 AM »

Starwood stock is up pre market. So i assume that they can back out of the marriott deal.

danR · « **Reply #14 on:** March 14, 2016, 08:57:54 AM »

The same guys just bought Strategic Hotels & Resorts from Blackstone

SPLP · « **Reply #15 on:** March 14, 2016, 09:15:29 AM »

Quote from: Mordyk on March 14, 2016, 08:40:46 AM

Starwood stock is up pre market. So i assume that they can back out of the marriott deal.

someone will have to pay huge fee - --but I think they MADE THE OFFER WITH MUCH THOUGHT AND DEEP POCKETS -- but the devil is in the details

for us I got to believe better no merger

CS1 · « **Reply #16 on:** March 14, 2016, 10:55:27 AM »

Quote from: danR on March 14, 2016, 08:57:54 AM

The same guys just bought Strategic Hotels & Resorts from Blackstone

That's 18 luxury hotels. It looks like they need 'a few more' for their portfolio.

puppydogs · « **Reply #17 on:** March 18, 2016, 08:34:58 AM »

Deal just signed with Anbang. Marriott has 5 days to respond/match.

Zalc · « **Reply #18 on:** March 18, 2016, 08:39:16 AM »

Quote from: puppydogs on March 18, 2016, 08:34:58 AM

Deal just signed with Anbang. Marriott has 5 days to respond/match.

It's this better or worse news?

CS1 · « **Reply #19 on:** March 18, 2016, 10:30:21 AM »

Quote from: Zalc on March 18, 2016, 08:39:16 AM

It's this better or worse news?

Anbang would be better if they keep Starwood independent and commit to the same SPG awards as currently in place.