(Bloomberg) -- U.S. stocks rose for a third day as
investors speculated more acquisitions will follow the $20
billion buyout of Hilton Hotels Corp.
Hotel companies posted four of the top five gains in the
Standard & Poor's 500 Index after Hilton said it will be
purchased by Blackstone Group LP. Huntsman Corp. jumped after
Apollo Management LP offered $6.35 billion for the chemical
maker. U.S. markets were closed yesterday for Independence Day.
Read more at Bloomberg Stocks News
investors speculated more acquisitions will follow the $20
billion buyout of Hilton Hotels Corp.
Hotel companies posted four of the top five gains in the
Standard & Poor's 500 Index after Hilton said it will be
purchased by Blackstone Group LP. Huntsman Corp. jumped after
Apollo Management LP offered $6.35 billion for the chemical
maker. U.S. markets were closed yesterday for Independence Day.
Read more at Bloomberg Stocks News
No comments:
Post a Comment