--> Stock Closed @ $81,89.
Starwood Hotels Sum-Of-The-Parts Value $100/Shr, Citi Says
2015-04-17 19:02:12.946 GMT
By Joshua Fineman
(Bloomberg) -- Starwood’s upscale brands Westin, Sheraton
and luxury St. Regis, W likely to be of “profound” interest to
major hotel chains, Citi wrote in note.
* Potential $4b valuation of HOT real estate doesn’t seem
“unreasonable”
* HOT’s time share unit likely interesting to cos. in the
space
* HOT remains buy at Citi, PT to $93, Bloomberg avg. $86
* NOTE: Earlier, Starwood Hotels Is Giving Activists Reason to
Check In: Real M&A
* NOTE: March 26, Starwood May Be Worth $103/Shr in Takeout:
SunTrust
* NOTE: March 26, Starwood Rises After FTC Early
Termination on Senator Investment
* NOTE: March 26, Starwood Rises After FTC Early
Termination on Senator Investment</li></ul>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Joshua Fineman
2015-04-17 19:02:12.946 GMT
By Joshua Fineman
(Bloomberg) -- Starwood’s upscale brands Westin, Sheraton
and luxury St. Regis, W likely to be of “profound” interest to
major hotel chains, Citi wrote in note.
* Potential $4b valuation of HOT real estate doesn’t seem
“unreasonable”
* HOT’s time share unit likely interesting to cos. in the
space
* HOT remains buy at Citi, PT to $93, Bloomberg avg. $86
* NOTE: Earlier, Starwood Hotels Is Giving Activists Reason to
Check In: Real M&A
* NOTE: March 26, Starwood May Be Worth $103/Shr in Takeout:
SunTrust
* NOTE: March 26, Starwood Rises After FTC Early
Termination on Senator Investment
* NOTE: March 26, Starwood Rises After FTC Early
Termination on Senator Investment</li></ul>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Joshua Fineman