(Reuters) - LOS ANGELES, July 3 - U.S. private equity firm
Blackstone Group agreed on Tuesday to buy Hilton Hotels
Corp. for about $26 billion, the richest in a series of
recent private equity offers for hotel companies.
Under terms of the agreed deal, Blackstone will pay $47.50
for each share of Hilton, one of the most prominent global
hotel brand names, and take on debt.
Read more at Reuters.com Mergers News
Blackstone Group agreed on Tuesday to buy Hilton Hotels
Corp. for about $26 billion, the richest in a series of
recent private equity offers for hotel companies.
Under terms of the agreed deal, Blackstone will pay $47.50
for each share of Hilton, one of the most prominent global
hotel brand names, and take on debt.
Read more at Reuters.com Mergers News
No comments:
Post a Comment