Host Marriott Gets Appoval for Starwood Purchase
BETHESDA, MD, April 06, 2006. Host Marriott Corp. has received approval from its stockholders to issue approximately 133.5 million common shares of its stock in accordance with its planned acquisition of 35 hotels from Starwood Hotels & Resorts Worldwide.
The proposal was approved overwhelmingly, with over 99% of the votes cast being cast in favor of the share issuance.