Hilton takeover.
Hilton Takeover: Hilton Hotels - For the company involved in the buy out please see Hilton Hotels Corporation. This hotel chain is not the company being acquired.
The Hilton brand was re-united internationally after more than 40 years in February 2006, when United States-based Hilton Corp. agreed to buy the hotel
division of U.K.-based Hilton Group Plc for $5.7 billion in cash,
creating the largest lodging company in the world. The transaction,
which is expected to close in the first quarter, is subject to various
government clearances, as well as the approval of Hilton Group
shareholders. Upon completion of the deal, Beverly Hills-based Hilton
Hotels will have nearly 2,800 hotels and 475,000 rooms in 80 countries
operating under an assortment of brand names, including Hilton, Conrad,
Doubletree, Embassy Suites, Hampton Inn, Hilton Garden Inn Hilton Garden Inn is the name of a chain of hotels operated by Hilton Hotels Corporation. Hilton Garden Inns are considered to be upscale, mid-priced hotels that are designed for both business and leisure travelers. The hotel brand is similar to that of the Courtyard by Marriott brand. , Scandic scan·di·um
n. Symbol Sc
A silvery-white metallic element found in various rare minerals and separated as a byproduct in the processing of certain uranium ores. and
Hilton Grand Vacations Club Hilton Grand Vacations
Hilton Grand Vacations Company is wholly owned by Hilton Hotels Corporation.
Headquartered in Orlando, Florida, Hilton Grand Vacations Company develops, markets and operates a system of brand-name, vacation ownership resorts. .
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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