Blackstone seeks IPO for Hilton

Out of Hilton's 164,000 rooms that the company has added since 2006, nine out of 10 were franchised. Blackstone is promoting Hilton to other investors, and is planning to take the chain public next month via a $2.25 billion initial public offering.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief: