Hilton expects to raise up to $2.37 billion in IPO

12/3/2013 | Reuters

Hilton Worldwide expects to raise as much as $2.37 billion in its initial public offering. The hotel firm said in a filing Monday with the Securities and Exchange Commission that the sale of Hilton's 112.8 million shares for $18 to $21 each would value the company at $20.7 billion and would mark it as the largest lodging IPO in history.

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