Marriott acquires Starwood Hotel and Resorts for $12B making it the world’s largest hotel operator. Marriott was especially interested in the presence of young travelers at Starwood. Marriott now operates 5,500 hotels in over 100 countries. Get the details of this acquisition right here, or in the link to follow.
Ernst & Young may be awarding FutureSelect $20 million over improper auditing of Rye funds. However, Amy Call Well, an E&Y spokeswoman claims the company is not responsible for investor losses. Get the facts and decide for yourself in this link or scroll to the article title below.
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The combined company will be the world’s largest hotel operator, with 5,500 properties in more than 100 countries.
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The deal will add “significant scale” to Liberty’s operations in the Caribbean and Latin America, where the company will have 10 million subscribers.
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