Marriott, Starwood prepare to close on merger...

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The largest hospitality merger to date is poised to close Friday, after the Chinese Ministry of Commerce approved the deal between Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. Bethesda-based Marriott (NASDAQ: MAR) announced that it had received the Chinese regulator’s nod Tuesday, after the ministry said it needed more time to complete its review of the merger earlier this summer. The third phase of the Chinese review, which began Aug. 8, was expected to last up to…