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Posts: 151
In response to
"
I don't think it was noted yesterday that the Starwood-Marriott merger finally got Chinese approval and will close Friday. -- (link)
"
by
spamlet
Aren't they American companies? Why would China have any say in their merger? -- nm
Posted by
Krusty (aka Krustylu)
Sep 21 '16, 06:24
(No message)
Responses:
Because they own hotels in China, it has to go through Chinese anti-trust regulators. Same thing with two non-US companies merging with US operations. -- nm
-
spamlet
Sep 21, 06:27
4
Thanks. -- nm
-
Krusty
Sep 21, 06:32
2
There was speculation that they were dragging their feet because Anbang (ANBANG!) lost the bidding war but they ended up approving without conditions. -- nm
-
spamlet
Sep 21, 06:41
1
don't think we don't know that you're talking crap about Anbang... -- nm
-
Anbang
Sep 21, 06:59
right, same thing with the European Consortium too -- nm
-
decline
Sep 21, 06:29
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