Harwood Feffer LLP Announces Investigation of Starwood Hotels & Resorts Worldwide, Inc.

NEW YORK, Nov. 16, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Starwood Hotels & Resorts Worldwide, Inc. ("Starwood" or the "Company") (NYSE: HOT) concerning the proposed acquisition of the Company by Marriott International, Inc. ("Marriott").

Under the terms of the offer, Marriott would acquire Starwood in a transaction valued at approximately $12.2 billion.  Pursuant to the deal, Starwood stockholders would receive 0.92 shares of Marriott Class A common stock and $2.00 in cash for each share of Starwood common stock, worth approximately $69.50.  According to Yahoo Finance, at least one analyst has set a target price of $96 per share for Starwood stock, the median analyst target price is $87 per share, and low target price is $73 per share for Starwood stock. 

Our investigation concerns whether the Starwood board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Starwood shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP