
Starwood Hotels & Resorts has hired investment bank Lazard to "explore a full range of strategic and financial alternatives" to satisfy shareholders that were disappointed by the group's latest results. Rumors abound, whether about a takeover, asset disposals, a merger with another hotel operator... Hospitality On reviews possible outcomes, and the profile of market players that might get involved.
Starwood Hotels & Resorts' shareholders are exploring "a full range of strategic and financial alternatives to increase shareholder value" of the hotel company. In other words, there are talks about possible asset disposals, a merger, or eventually the sale of the business. The company's Board of...
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