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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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βˆ™ 13y ago
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βˆ™ 13y ago

No, 97% of the business was given away to a charity by her grandfather so has no input.

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βˆ™ 15y ago

No. She's just the heiress to her parents, who are the Hiltons. actually,paris is a the owner of the hilton(only a quarter)

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βˆ™ 12y ago

Hilton Worldwide, formerly Hilton Hotels Corporation, was acquired by private equity giant Blackstone Group in 2007

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βˆ™ 11y ago

yes

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Q: Does Paris Hilton dad own the Hilton hotels?
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Related questions

How many hotels does Paris Hiltons dad own?

18


Who own the Hilton hotels?

Herts was previously owned by Ford. See related link below. Hilton was always owned by the Hilton family. See related link below.


Why are the Hilton's so famous?

They own a chain of hotels called the Hilton.


How many hotels does Hilton Worldwide Own?

thirty six hundred


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).


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.


What hotel chain is Paris Hilton most closely associated with?

The Hilton hotel chain. Her parents own it; her grandfather started it.


Does Paris Hiltons parents own the Hilton Hotel Chain?

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.


How many hotels in NYC do the Hilton corporation own?

There are around seven Hilton hotels in new york. They offer a great variety of prices and will suit anything from family vacations to business trips.


Does the Blackstone Group own Hilton hotels?

Yes, Blackstone Group does have significant ownership in Hilton Hotels. In 2007, Blackstone acquired Hilton Worldwide and took the company private. However, Blackstone has since reduced its stake in Hilton through various secondary offerings.


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.


Which celebrities own ferrets?

I couldn't find any UK celebs with ferrets but the following Americans have pet ferrets -Madonna, Paris Hilton and Holly Madison (playboy model)