Starwood Hotels Receives Unsolicited $76 a Share Bid

Starwood Hotels & Resorts Worldwide has received an unsolicited offer of $76 per share from a group of investors led by China's Anbang Insurance Group. The proposal sets up a potential battle for Starwood after it agreed to be purchased by Marriott last November. Bloomberg's Jeff McCracken reports on "Bloomberg ‹GO›." (Source: Bloomberg)

Pimco's Fels Sees Risk of Fed Upheaval in Markets
10:32 - Joachim Fels, global economic advisor at Pimco, and Sebastien Page, head of asset allocation at T Rowe Price, talk about the market impact of a shrinking of Federal Reserve assets and the potential for U.S. tax cuts. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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