Marriott International, Inc.
MAR
position
long
Craig Effron
Thesis
Marriott announced a deal to acquire Starwood Hotels at $70, which is lower than the expected break-up value, indicating a potential opportunity for investors if the market reacts positively to the acquisition.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's unclear whether the market reacted positively to the acquisition of Starwood Hotels by Marriott. The thesis suggests a potential opportunity, but without further information, we cannot determine if it played out as expected.
Raw excerpt
No raw excerpt stored.