Aug
21
2016
A deal almost never looks as good as it does the day it’s announced. The longer it takes to close, the more naysayers, the more critical analysis, and more tarnished details emerge. There’s more opportunity for buyer’s remorse, and for conditions which suggested a merger was a good idea to change.
The New York Post is reporting that the high cost to pacify Starwood’s customers combing the Starwood Preferred Guest program with Marriott Rewards, combined with the approval delay by Chinese regulators, is causing Marriott to second guess the merger.
