Analysts examine obstacles in Anbang’s Starwood bid | hotelnewsnow.com
Anbang Insurance Group’s cash offer for Starwood Hotels & Resorts Worldwide could be appealing to Starwood’s shareholders due to the price tag, but some barriers exist before that deal can become reality. A consortium led by Anbang Insurance Group made a splash Monday with an aggressive bid to acquire Starwood Hotels & Resorts Worldwide, and analysts said the company’s cash offer could be appealing to Starwood shareholders who were already...