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Old 15th March 2016, 10:25 AM   #12
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Default And…It's Not Quite Done, as Starwood Receives New Offer from Chinese

Excluding the $400M Breakup Fee, this represents a 19% increase…not to mention, it's an all cash deal. HOT rose almost 8% on the news today. Starwood's waiver expires on the 17th, so we should hear something VERY SOON.
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