Starwood hotels gets unsolicited takeover bid
Starwood Hotels, which is being bought by Marriott International, received a separate, unsolicited takeover proposal from a group of companies led by Anbang Insurance Group. The proposal is $76 a share in cash, Starwood said. It also said that Marriott's offer is worth $63.74 a share based on the company’s 20-day average stock price through March 11.