CNBC's Eunice Yoon reports the bidding war for Starwood Hotels is over after China's Anbang Insurance walks away from its offer.
China's Anbang Insurance Group will walk away from its proposed takeover of Starwood Hotels.
Check out the companies making headlines after the bell Thursday: Starwood, Marriott, Tesla, SunEdison and more.
Anbang made a statement as to why it stopped bid for Starwood. CNBC’s Kate Rogers reports the details.
Anbang walks away from its Starwood takeover bid according to the Dow Jones. CNBC's Kate Rogers reports.
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Discussing the battle for Starwood between Anbang and Marriott, and fears about a China-owned hotel, with Patrick Scholes, Suntrust Equity Research lodging and leisure analyst, and David Loeb, Robert W. Baird hospitality analyst.
China's Anbang Insurance has offered to entice Starwood away from a deal with Marriott by providing a sweeter proposal, but it comes with a caveat.
Marriott isn't likely to offer another sweetener to its bid for Starwood Hotels, an analyst said. That could clear the path for rival Anbang to step in.
Sachin Shah from Albert Fried and Company reckons it is probably Starwood's brand and status within the hotel industry that Anbang is interested in.
Marriott is "too disciplined' to offer a higher bid for Starwood because it would make not make sense, explains David Loeb from Robert W. Baird.
U.S. stocks closed mixed Monday as investors eyed oil prices and awaited data and comments from key Fed policymakers due later in the week.
CNBC's Bob Pisani looks at the day's market action including a sloppy two-year note auction and new offer from Anbang for Starwood Hotels.
China's Anbang raised its bid for Starwood. But the country's M&A binge is beginning to disappoint, says NYU Stern's Rob Salomon. Here's why.
The "Squawk on the Street" crew discuss the bidding war between Marriott and China's Anbang to buy Starwood Hotels.
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Marriott wins over Starwood with revised buyout bid of $13.6 billion to create global hotel giant.
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