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Blackstone to buy Hilton Hotels for $26 billion in cash Published: Wednesday, July 4, 2007
NEW YORK - The Blackstone Group announcement that it will purchase Hilton Hotels for $26 billion sent shares of other hotel companies sharply higher Wednesday amid speculation that they also might become targets for private equity firms.
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How many hotels does Paris Hiltons dad own?
18
Do Mormons own Hilton Hotel'?
No. The Hilton Family owns Hilton Hotels. They are not members of the Church of Jesus Christ of Latter-day Saints (the "Mormon" church).
What hotel chain is Paris Hilton most closely associated with?
The Hilton hotel chain. Her parents own it; her grandfather started it.
Did Paris Hilton loose 1 of her hotels?
No - at least not unless she is a private investor of the Blackstone Group. Blackstone acquired the Hilton Brands in 2007. Of interesting note - Blackstone also owns LaQuinta, LXR, Universal Studios Themeparks, and is in process of acquiring the Weather Channel.
How many Hilton hotel do Paris Hilton own?
She does not own any Hilton Hotels. Blackstone to buy Hilton Hotels for $26 billion in cash Published: Wednesday, July 4, 2007NEW YORK - The Blackstone Group announcement that it will purchase Hilton Hotels for $26 billion sent shares of other hotel companies sharply higher Wednesday amid speculation that they also might become targets for private equity firms.
