Economy news

Marriott Acquisition Created The Largest Global Hotel Chain (NASDAQ:MAR)

Marriott Acquisition Created The Largest Global Hotel Chain (NASDAQ:MAR)

If Marriott International’s recently announced $12.2 billion bid for Starwood Hotels and Resorts Worldwide is approved, the merger would create the largest hotel chain in the world. Marriott announced that it would acquire Starwood for $11.9 billion in stock and $340 million in cash. Starwood’s brands include Westin, W and […]

Dollar General Trims Sales View and Committed to Rival Buy

Dollar General Trims Sales View and Committed to Rival Buy

Dollar GeneralThe full-year sales forecast was reined in by Dollar General Corporation as the company confirmed that it will stay committed to purchasing its rival, Family Dollar Stores, Inc. If the sale is approved, it would solidify Dollar General’s place as being the number one discount retailer in the United […]