Marriott International Inc. said Tuesday it has received antitrust approval from China for its acquisition of Starwood Hotels & Resorts Worldwide Inc. . The approval clears the way for the deal to close, the company said in a statement. The companies are planning to close before the market opens on Sept. 23. Starwood shareholders will receive $21 in cash and 0.80 shares of Marriott. Starwood shares rose 3% in premarket trade, while Marriott shares were not yet active.
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