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Article: Marriott International Obtains Major Financing Commitments in Connection With Planned Spin-Off and Merger Transactions
- Article from:
- PR Newswire
- Article date:
- January 12, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Jan. 12 /PRNewswire/ -- Marriott International, Inc. (NYSE: MAR) today announced that it has launched a $1.5 billion syndicated bank financing for the new hospitality company which it plans to spin off. Marriott International and Sodexho Alliance also have obtained $1.4 billion of bank financing commitments for Sodexho Marriott Services Inc. In addition, Marriott International announced that the waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act with respect to the pending mergers of Marriott's food service and facilities management business (Marriott Management Services) with Sodexho Alliance's North American operations.
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Article: Sodexho Alliance Completes Acquisition of Sodexho ...
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June 20, 2001 ;
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... ... Sodexho Inc. in the U.S. and Canada Sodexho Alliance (BOURSE:EXHO.) announced that ... now the North American subsidiary of Sodexho Alliance S.A., the world leader in food ... services. Pierre Bellon, Chairman of Sodexho Alliance, stated that "beyond the name change ...
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