TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer thinks China-based Anbang is going to be successful in acquiring Starwood Hotels & Resorts Worldwide (HOT) . Starwood reached an agreement to be acquired by Anbang for $78 a share. This would dissolve the prior merger agreement Starwood made with Marriott International (MAR) , which was worth less. Though Marriott is expected to make a counter offer, according to news reports. Cramer said he doesn't think Marriott will win the bid for Starwood. 'I think you can't beat Anbang because Anbang is the Communist party - they want their property and they have the money to get it.' Starwood is a holding of Cramer's charitable trust, Action Alerts PLUS.
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