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Velvet TOP NEWS: Blackstone to buy Hilton for $20 billion |
| textiles - Business Services - News created: 4. juli 2007 15:32 |
| Under terms of deal, Blackstone will pay $47.50 per share in cash, a 32 percent premium to Tuesday's closing price, for one of the most prominent global hotel brand names.
Ahead of the post-close announcement, shares of Hilton had risen 6.4 percent to close at $36.05 on the New York Stock Exchange.
Options volatility and volume in Hilton sto... |
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