Thursday, March 31, 2016

UPDATE 5-China's Anbang abandons $14 billion bid to buy Starwood Hotels

March 31 (Reuters) - China's Anbang Insurance Group Co said

on Thursday it has abandoned its $14 billion bid for Starwood

Hotels & Resorts Worldwide Inc, paving the way for

Marriott International Inc to buy the Sheraton and

Westin hotels operator.

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