- The buzz on the street is that Hilton Worldwide (HLT) will price its IPO at $20 per share.
- The expected range for the hotel operator's public launch was $18 to $21.
- The IPO is expected to be the 2nd largest of the year amid reports of hot demand.
- At Blackstone (BX) it will be the cause for the popping of corks. The Hilton IPO is expected to reap paper profits of $8B to mark the 2nd biggest P-E payday of all time.