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Anbang to Up Bid For Starwood, $HOT Spikes

Dr. Fly Mon Mar 28, 2016 9:22am EST 1 Comment

This is when this story starts to get weird. There is no way on God’s green earth does Starwood want to sell out to Anbang Insurance. They were instrumental in extracting more money out from Marriot, but now they’re becoming a bit of a nuisance.

Anbang has officially upped its bid for Starwood to $82.75.

I’d love love love to see this thing go hostile. Imagine the headlines when a Chinese insurance outfit tries to absorb an America real estate giant into its matrix. Golden.

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Anbang, apparently, is as serious as a cup of dog meat soup on a cold Chinese day. Shares of HOT are spiking, sending the country club into a tizzy.

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One comment

  1. nocturne
    nocturne
    March 28, 2016 at 10:48 am

    So many words that rhyme with Angbang, where do I begin !!!

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