Marriott Acquires Starwood: The Fine Print
Photo Credit: A Sheraton hotel in Phoenix, Ariz. Flickr / Kevin Dooley
Skift Take
The devil is always in the details, but in this case (so far) the devil doesn't have any tricks up his sleeves.
Marriott International's acquisition of Starwood Hotels & Resorts will create a 30-brand hotel giant comprised of 5,500 hotels offering 1.1 million guestrooms.
The deal is slated to be completed in mid-2016, assuming shareholders of both companies approve and Starwood is still able to offload its timeshare business.
Here are the details from the financial documents detailing the pote
