(Reuters) - LOS ANGELES, July 3 - U.S. private equity firm
Blackstone Group said on Tuesday it would buy Hilton
Hotels Corp. for about $26 billion cash, 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.
Read more at Reuters.com Bonds News
Blackstone Group said on Tuesday it would buy Hilton
Hotels Corp. for about $26 billion cash, 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.
Read more at Reuters.com Bonds News
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