Tuesday, April 3, 2007

UPDATE 1-Starwood may be tempted by buyout after CEO exit

(Reuters) - On Tuesday, Starwood shares had their second big up day in a row and closed up 3 percent, at their year high of $69.84.

Starwood -- parent of the St. Regis, Westin and Sheraton hotel chains -- said on Monday that Heyer resigned after the company lost confidence in his management style. Chairman Bruce Duncan was named interim CEO until the board finds a permanent replacement.


Read more at Reuters.com Bonds News

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