The stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood.
Homeinns Hotel Group Announces Shareholders’ Approval of Merger Agreement
Starwood Hotels & Resorts Worldwide Inc. may need to accommodate activist shareholders with a merger or buyout.
Activist hedge fund Marcato Capital Management on Tuesday again urged InterContinental Hotels Group to merge with a competitor.
Two online travel agencies, Qunar.com of Baidu and Ctrip.com International, Ltd., are discussing a possible merger, Bloomberg News reported on Tuesday, quoting informed sources.