Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, June 15, 1993                   TAG: 9306150128
SECTION: BUSINESS                    PAGE: B8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

IN BUSINESS

WASHINGTON - Marriott Corp. on Monday received clearance from the Securities and Exchange Commission to set a July 23 shareholders meeting to consider a proposed special dividend that would split Marriott into two separate companies.

The plan would divide Marriott into a profitable hotel management firm, Marriott International, and a debt-laden real estate company, Host Marriott.

Stockholders would get a special dividend of one share of Host Marriott for each share of Marriott Corp. they hold. Shares of Marriott Corp. would be exchanged for shares of Marriott International, and shareholders would end up with an equal number of shares in each company.

The company amended the plan after some institutional investors filed lawsuits, fearing the new company would be too weak to carry most of Marriott's $2.8 billion in debt. - Associated Press

\ The oil on your salad is dangerous no more

WASHINGTON - The Transportation Department reversed itself Monday and rescinded its classification of salad and other edible oils as hazardous materials. Edible oils can cause environmental damage if spilled in large amounts. - Journal of Commerce