Tuesday, April 03, 2007

Starwood Hotels (HOT) Marches Higher As Takeover Talk Swirls

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) continues higher following yesterday's news that CEO Heyer was forced out. The move has created wild speculation that the company could be put on the auction block.

Shares of HOT are 2.3% today following yesterday's 4.6% move.

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