Blackstone to Acquire Hilton Hotels
450167
The Blackstone Group announced that it would buy Hilton Hotels for $26 billion, or $47.50 a share, a 40 percent premium over its closing price on Monday.
172527
Barcelo Crestline Corp., a privately held McLean hotel company, said yesterday it plans to acquire a Missouri-based firm that is one of the country's largest independent owners and operators of hotels.
644733
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.
584162
The Blackstone Group's agreement earlier this week to acquire Hilton Hotels for $26 billion sent hotel stocks soaring yesterday as investors scrambled to buy shares of other big lodging firms, particularly Starwood and Marriott International, speculating they too could be takeover targets.
620165
Hyatt Corporation, the hotel operator owned by the Pritzker family, yesterday said it would buy the AmeriSuites chain from Blackstone, the private equity group, in a deal believed to be worth about $600m.
357170
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.
150519
The Blackstone Group agreed to buy GSO Capital Partners as it seeks to build its credit operations amid tough market conditions.
480554
Hilton Hotels Corp.  said on Friday it would sell its Scandic Hotel chain to private equity group EQT for about $1.1 billion as it seeks to reduce debt amid buoyant lodging valuations.
48214
Hyatt Corp. on Thursday said it agreed  to buy AmeriSuites, an upscale limited-service hotel chain that  it hopes will complement its full-service portfolio.
283187
CHICAGO  - US hotel group Hyatt said it was buying the lodging chain AmeriSuites from the Blackstone investor group as part of its plan to expand the Hyatt brand name.
717429
Hyatt Corp. disclosed plans Thursday to buy the 143-hotel AmeriSuites chain in an estimated $600 million-plus deal that analysts said makes the luxury hotel company more of a well-rounded rival to much bigger Marriott International Inc.
249213
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.
390882
Hilton Hotels Corp.  said on  Thursday that it must pay Blackstone Group  $560 million  if it receives a better offer and terminates a takeover  agreement with the private equity firm.
620868
The Hyatt hotels company is buying the AmeriSuites chain from its current owner, The Blackstone Group. The companies haven&#39;t disclosed the purchase price, but published reports say Hyatt is likely to pay more than $600 million.
746409
Equity Office Properties Trust  said on Friday it still preferred a $54-per-share cash takeover offer from private equity firm Blackstone Group despite a higher cash-and-stock bid of $56 per share from Vornado Realty Trust .
107413
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.
265090
U.S. private equity firm Blackstone Group agreed on Tuesday to buy Hilton Hotels Corp. for about $20 billion plus debt, the richest in a series of recent private equity offers for hotel companies.