Hilton Wraps International Deal and is Reunited After 40 Years
BEVERLY HILLS, CA, February 23, 2006. Hilton Hotels Corp. has completed its acquisition of the lodging assets of Hilton Group plc, known collectively as Hilton International, for approximately lb3.3 billion or $5.7 billion.
Stephen Bollenbach, co-chairman/CEO of Hilton Hotels Corp. in a statement called the event one of the most noteworthy days in the history of the company, "as Hilton is once again a global hotel company for the first time in 40 years."
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