Hilton Worldwide (HLT) Reports 55M Share Secondary Common Stock Offering by Blackstone (BX)
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Hilton Worldwide Announces Secondary Offering of 55,000,000 Shares of Common Stock
November 9, 2016 5:16 PM ESTMCLEAN, Va.--(BUSINESS WIRE)-- Hilton Worldwide Holdings Inc. (Hilton Worldwide or the Company) announced today that certain selling stockholders affiliated with The Blackstone Group L.P. have commenced a secondary offering of 55,000,000 shares of Hilton Worldwide common stock.
Hilton Worldwide is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering. In addition, none of Hilton Worldwides officers or directors are selling any shares of common stock beneficially owned by them in the offering.
Goldman, Sachs & Co. is serving as the underwriter... More
