A July 17, 2012 file photo, shows Starwood Hotels W Hollywood hotel logo in Los Angeles. Starwood is calling off a $12.2 billion buyout agreement with Marriott in favor of an offer from a group of investors led by the Chinese insurance company Anbang.
A July 17, 2012 file photo, shows Starwood Hotels W Hollywood hotel logo in Los Angeles. Starwood is calling off a $12.2 billion buyout agreement with Marriott in favor of an offer from a group of investors led by the Chinese insurance company Anbang. Damian Dovarganes AP
A July 17, 2012 file photo, shows Starwood Hotels W Hollywood hotel logo in Los Angeles. Starwood is calling off a $12.2 billion buyout agreement with Marriott in favor of an offer from a group of investors led by the Chinese insurance company Anbang. Damian Dovarganes AP

Starwood takes improved bid from Anbang

March 18, 2016 1:49 PM