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China's Anbang Pulls $14B Starwood Offer

By Braden Campbell ( March 31, 2016, 7:01 PM EDT) -- A monthslong bidding war for Starwood Hotels & Resorts Worldwide pitting Marriott International Inc. against a consortium of companies led by China's Anbang Insurance Group seemingly ended in victory for the hotel chain Thursday as Anbang suddenly said it was pulling out three days after pushing the price tag to nearly $14 billion....

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