Sonder to Liquidate After Split with Marriott

Deep News
Nov 12

Marriott International (MAR) has terminated its licensing agreement with Sonder Holdings Inc. (SOND), prompting Sonder to seek bankruptcy protection and abruptly evacuate guests due to integration issues pressuring revenue. In early trading Tuesday EST, Marriott International rose 0.3%, while Sonder plunged 21.8%.

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