Hilton's founding family agrees to $26bn buyout offer
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Business & money: American private equity company Blackstone swoops on the Hilton Hotels empire.
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LAS VEGAS -- Station Casinos Inc.'s board of directors has accepted a revised buyout offer from its founding family and a unit of the real estate firm Colony Capital LLC for about $5.5 billion, people familiar with the matter said yesterday.
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Station Casinos Inc.  has accepted a revised buyout offer valued at about $5.5 billion from a group that includes the company's founding family and real-estate firm Colony Capital LLC, according to The Wall Street Journal.
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Shareholders of Rupert Murdoch's News Corporation agree the tycoon's plan to move the company's headquarters from Australia to the United States.
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The 322-room Tremont Boston was sold to Highland Hospitality Corp., a Virginia-based real estate investment trust that purchased the hotel along with three others for $227 million from Wyndham International Inc.
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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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NEW YORK -- Cendant has a deal to buy the Orbitz online travel company for about $1.25 billion. The offer, valuing Orbitz shares at $27.
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Station Casinos Inc., which owns 12 casinos in the Las Vegas area, agreed yesterday to a sweetened $5.4 billion takeover bid from the founderâs family and a buyout firm.
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InterContinental Hotels Group Plc (IHG.L: Quote, Profile, Research) said on Friday it was selling 13 hotels to Hospitality Properties Trust (HPT.
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Europe&#39;s main stock markets rose Wednesday on the back of takeover talk in the hotels sector, sparked by a huge private equity-backed deal for US group Hilton Hotels Corporation.
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Forget your holiday plans for a minute and think back. Way back. All the way to June. That was when the frenzy of leveraged buyouts hit its peak, cresting with a $48 billion bid for BCE, the parent of Bell Canada, which remains the largest buyout deal ever. A week later, Hilton Hotels agreed to [...].
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Telecom Italia plans to  use cash for a  bigger-than-expected chunk of a 20 billion-euro ($26.69  billion) buyout of its mobile unit TIM, a source close to the  deal said on Monday.
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Hilton Hotels Corp.  has signed  deals with three real-estate groups to develop more than 55  properties in Russia, Britain and parts of Central America, the  Wall Street Journal reported on Sunday.
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The Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion in cash.
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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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Ashford Hospitality Trust Inc. (NYSE:AHT) said Monday it has agreed to buy a 21-property, 4,094-room hotel portfolio for $250 million, including assumed debt.