Blackstone to buy Hilton for $26 bln
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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.
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Ashford Hospitality Trust Inc. (AHT.N: Quote, Profile, Research) , a real-estate investment trust, on Monday said it agreed to buy 21 hotels, comprising 4,094 rooms, for $250 million, including assumed debt.
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Blackstone Group LP raised its cash offer for Equity Office Properties Trust to $39 billion with assumed debt to thwart rival bidder Vornado Realty Trust a day before shareholders vote on what would be the largest-ever leveraged buyout.
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U.S. antitrust authorities said on Tuesday they had approved plans by Blackstone Group LP  to buy Alliance Data Systems Corp.  for $6.76 billion.
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Dopo la vendita della catena Hilton a fondo Blackstone
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Private equity firm Blackstone Group won control of Equity Office Properties Trust  on Wednesday after a majority of the top U.S. office landlord's shareholders accepted Blackstone's cash bid of $23 billion, and rival bidder Vornado Realty Trust  dropped out.
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The Blackstone Group  raised its bid for Equity Office Properties Trust  to $23 billion in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its own offer in the latest round of the fight to control the top U.S. office landlord.
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Newton-based Hospitality Properties Trust , the owner of 310 hotels, has agreed to buy TravelCenters of America Inc. for about $1.9 billion, adding 161 rest stops along US highways that sell food and fuel to truckers and other motorists.
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Hotel operator Wyndham International Inc.  on Friday said it agreed to sell 25 hotels for &#36;366 million to a private investment fund managed by Goldman Sachs Group Inc.  and affiliates of Highgate Holdings.
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Highland Hospitality Corp. a lodging real estate investment trust, said Friday that it bought four hotels from Wyndham International Inc. for $227 million, plus closing adjustments.
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Blackstone Group said it would buy GSO Capital Partners, a fund manager focused on leveraged finance, for as much as $930 million in cash and Blackstone units.
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U.S. private equity firm Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion cash, the richest deal in a series of recent private equity offers for hotel companies.
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Ashford Hospitality Trust Inc., a real-estate investment trust specializing in hotels, on Monday said it agreed to buy a 21-hotel portfolio controlled by affiliates of the Fisher Brothers, the Gordon Getty Trust, and George Soros for $85.3 million plus
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Blackstone Group's real-estate arm is close to a deal to sell office buildings in Seattle and Washington, D.C., to Beacon Capital Partners, a Boston-based real-estate investment firm, for about $6.5 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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NEW YORK (CBS.MW) -- The Blackstone Group agreed to buy Prime Hospitality Corp., which owns Wellesley Inn and AmeriSuites hotels, for $790 million, including the assumption of debt.
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Blackstone Group  plans to buy a 20 to 40 percent stake in chemicals company China National BlueStar (Group) Corp for up to $500 million, marking its first major investment in the world's fastest-growing major economy.
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Business & money: American private equity company Blackstone swoops on the Hilton Hotels empire.