Hilton would pay $560 mln Blackstone break-up fee
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Hilton Hotels Corp.  said on Thursday that it would pay Blackstone Group LP  $560 million if it receives a better offer and terminates a takeover agreement with the private equity company.
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Vornado Realty Trust  said on Thursday it had raised its takeover offer for Equity Office Properties Trust  to $56 per share, or $23.24 billion, above a rival bid of $54 per share from private equity firm Blackstone Group.
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Private equity firm Blackstone Group   plans to take a 20 to 40 percent stake in chemical maker  China National BlueStar (Group) Corp for up to $500 million, a  source close the to deal said on Thursday.
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Equity Office Properties Trust  said on Tuesday that the Blackstone Group  raised the price of its takeover bid to $55.50 per share, after rival bidder Vornado Realty Trust  sweetened its own offer.
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LONDON (CBS.MW) -- Hyatt Corp. said it will buy the 143-unit AmeriSuites hotel chain from The Blackstone Group for an undisclosed sum and will consolidate all of the Pritzker family&#39;s hospitality holdings into one company called Global Hyatt.
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Blackstone Group issued compensation details for the first time on Monday, disclosing in a filing that CEO Stephen Schwarzman received nearly $400 million last year and stands to make at least $450 million after the private equity firm goes public.
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Private equity firm Blackstone Group  is expected to name Host Hotels & Resorts Inc  chief executive Christopher Nassetta as president and CEO of its recently acquired Hilton Hotels Corp, the Wall Street Journal reported on Monday.
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Blackstone Group's  agreed deal to buy Hilton Hotels Corp.  this week showed that buyout firms will happily layer big premiums on the right target and can still feel confident about debt financing.
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The Blackstone Group LP  is  planning a $9 billion commercial mortgage-backed securities  offering backed by Hilton Hotels next quarter, according to a  Credit Suisse research note.
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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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Hilton Hotels Corp.  said on  Friday it agreed to sell the Scandic Hotel chain to European  private equity group EQT for about $1.1 billion as it seeks to  reduce debt.
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Hyatt broadened its high-end hotel brand Thursday by purchasing the 143-hotel AmeriSuites chain for $600 million. The acquisition from private equity investor Blackstone Group increases Hyatt&#39;s existing 90,000
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On Sunday, Equity Office accepted a $36 billion offer from the Blackstone Group. It would be the costliest buyout in history.
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Vornado Realty Trust  said on Wednesday it has terminated its cash and stock proposal to acquire Equity Office Properties Trust , paving the way for private equity firm Blackstone Group to take over the top U.S. office landlord for $23 billion.
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Dopo la vendita della catena Hilton a fondo Blackstone
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Blackstone Group plans to sell some New York office buildings it is acquiring from Equity Office Properties Trust  to Macklowe Properties for about $7 billion, a source close to the deal said on Wednesday.
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The boss of private equity firm Blackstone is to receive about $450m by selling off some of his stake, it emerges.