Marriott One Step Closer to Acquiring Starwood in Multibillion-Dollar Deal

Hotel chain Marriott International came one step closer to acquiring rival hotel business Starwood after shareholders of both companies approved the nearly $15 billion merger Friday. Anti-trust regulators in the United States already approved the merger, but it will still need to clear regulatory hurdles in the European Union and China. The companies expect to close the deal around mid-year. Upon completion, the deal will create the world's largest hotel company. Starwood agreed to...

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