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Article: ITT Shareholders Approve Starwood Hotels & Resorts Acquisition.
- Article from:
- Business Wire
- Article date:
- February 13, 1998
CopyrightCOPYRIGHT 1998 Business Wire. 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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PHOENIX--(BUSINESS WIRE)--Feb. 13, 1998--Starwood Hotels & Resorts Trust, (the "Trust"), the nation's largest hotel real estate investment trust and Starwood Hotels & Resorts, Worldwide, Inc., (the "Corporation", and together with the Trust, the "Company" or "Starwood Hotels & Resorts") a hotel management and operating company (NYSE:HOT), today reported that ITT shareholders approved the acquisition of ITT Corporation by Starwood Hotels & Resorts Worldwide, Inc. at yesterday's ITT Special Shareholders Meeting.
"We are pleased with the overwhelming support ITT shareholders expressed for the Corporation's acquisition of ITT at yesterday's special shareholders ...