Posted at 1:32 p.m., Wednesday, September 12, 2007
Hilton starts debt tender offer as part of takeover
Advertiser Staff
Hilton Hotels Corp., the lodging company whose properties include those in Waikiki and Waikoloa, started a cash tender offer for $1.8 billion of debt as part of its acquisition by Blackstone Group LP.In July Hilton and Blackstone announced an agreement under which Hilton would be taken private by Blackstone for $20 billion.
