Anbang

Anbang Withdraws Without Explanation, Leaves Marriott As The Victor In The Starwood Soap Opera

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In the almost daily soap opera that was the struggle for control of Starwood Hotels, Anbuang has walked away from the bidding process as the highest bidder. It’s a bit surprising to see Anbang pull out this quickly after making their most recent offer. We now have more clarity around the future of Starwood Preferred Guest.