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Marriott Announces $12.2 Billion Acquisition Deal for Starwood Hotels

Yahoo Finance
Beverly Hills Marriott grand opening event on Sept. 22, 2015. (Jordan Strauss/AP Images for Remington Hotels)
Beverly Hills Marriott grand opening event on Sept. 22, 2015. (Jordan Strauss/AP Images for Remington Hotels)

On Monday morning, Marriott International Inc. announced that an acquisition agreement had been reached with Starwood Hotels & Resorts Worldwide Inc. Marriott will pay Starwood $11.9 billion in stock and $340 million in cash, bringing the total value of the deal to $12.2 billion. The resulting entity will be the largest hotel company in the world. The following visualizations highlight the current day stock prices and the recent reported quarterly revenues of Marriott and Starwood.