Anbang withdraws offer for Starwood, leaving bid by Marriott
STAMFORD, Conn., April 1 — China’s Anbang Insurance Company, the highest bidder at $14 billion for Starwood Hotels, withdrew its offer, leaving a buyout offer from Marriott International. The Chinese firm led a consortium of companies in making the $14 billion all-cash offer after Marriott had offered $13.8 billion in ... Read More »