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Marriott buys Starwood for US$12.2 billion

Combined company will be world's largest hotel chain

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The Marriott CEO will head the combined company, which will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide.

Seattle

MARRIOTT International Inc will buy Starwood Hotels & Resorts Worldwide Inc for US$12.2 billion to create the world's largest hotel chain with top brands including Sheraton, Ritz Carlton and the Autograph Collection.

The combined company will own or franchise more than

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