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Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but they have a waiver from marriott that will allow them to negotiate until thursday. People familiar with the situation indicate the hope is they can hammer out a definitive agreement with anbang insurance, which has chris flowers, former investment banker people may have known. And primivera, not an old Italian Restaurant on the west side, but a large private equity firm in china. Some of these names may be unfamiliar, but the 76 a share ....
Out by the ukrainian president that the International Control will be handed over essentially to the osce. They will provide an International Monitor presence to make sure the ceasefire isnt violated. Also, president por row shonco poroshenko mentioned the liberation of hostages. Talking about an exchange of prison evers prisoners on both sides. That certainly seems to tally with the sevenpoint peace plan that was issued by Vladimir Putin a few days ago, the russian president. We put down those seven points as saying this is the pathway to a peace deal or at least a pathway to a ceasefire in eastern ukraine. He had a telephone conversation with Petro Poroshenko on wednesday. They both ended that conversation saying that agreed to that outline for a p ....