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/C L A R I F I C A T I O N -- HILTON/

 /C L A R I F I C A T I O N -- HILTON/
 In LA012, "Hilton Submits Offer to Acquire Bally's Casino Resort-


Reno for $73 Million," moved earlier today, we are advised by a representative of the company that there is an additional contact person, Marc Grossman, VP-communications of Hilton Gaming Division, 702-732-5537. The following is the corrected release:
 HILTON SUBMITS OFFER TO ACQUIRE
 BALLY'S CASINO RESORT-RENO FOR $73 MILLION
 BEVERLY HILLS, Calif., May 13 /PRNewswire/ -- Hilton Hotels Corp. (NYSE: HLT) has submitted an offer to acquire the Bally's Casino Resort-Reno for $73 million plus assumption of certain liabilities. The offer for the 2,000-room hotel was submitted to Bally's Grand, Inc. and its creditors.
 The offer has been filed in the pending bankruptcy proceeding for Bally's Grand, Inc. Hilton's offer is conditioned upon its being permitted to perform appropriate due diligence.
 -0- 5/13/92
 /CONTACT: Maurice J. Scanlon, senior VP-finance of Hilton, 310-205-4340, or Marc Grossman, VP-communications of Hilton Gaming Division, 702-732-5537/
 (HLT) CO: Hilton Hotels Corp. ST: California IN: CNO SU:


CH -- LA012X -- 9597 05/13/92 10:53 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 13, 1992
Words:185
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