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Marriott International Expands Group and Meetings Portfolio with Acquisition of Gaylord Hotels Brand and Hotel Management Company for $210 Million

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May 31, 2012

Marriott International Expands Group and Meetings Portfolio with Acquisition of Gaylord Hotels Brand and Hotel Management Company for $210 Million

Expects transaction to be EPS accretive in 2013. Marriott International, Inc. (NYSE: MAR) announced today that it has entered into an agreement with Gaylord Entertainment Company (NYSE: GET) to acquire the Gaylord brand and hotel management company for $210 million. The transaction is conditioned on Gaylord Entertainment?s shareholders approving the…

Source: Marriott News Center

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