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00:00:00
mt Starwood and Marriott on their way to merge into the world's biggest hotel chain Chinese owner of New York pains Waldorf Astoria said not so fast Starwood announcing Monday that it has received a better offer from an investment group led by armbar are Chinese insurance company this is part of unboxed three days buying spree keeping rotors mergers and acquisition reporter Mike stone , and they've made another offer by Starwood out from under the agreed upon merger transaction Marriott so that nearly twenty billion dollars in coach in proposed hotel transactions , China's economy growing at the slowest pace in a quarter century and the value of its currency expected to weaken further on bond is looking for a safer place to park it trash Clinton sametime make some money when all cash offer for star would that more than half a billion dollars richer than Marriott is not without risk