Hilton IPO price reported to be $20

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.

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Comments (6)
  • idkmybffjill
    , contributor
    Comments (1914) | Send Message
    Looks like Schwarzman's getting a nice paycheck again :-)
    11 Dec 2013, 04:48 PM Reply Like
  • aardvark3
    , contributor
    Comments (689) | Send Message
    11 Dec 2013, 04:54 PM Reply Like
  • medzjohn
    , contributor
    Comments (516) | Send Message
    shooting fish in a barrel
    11 Dec 2013, 05:02 PM Reply Like
  • Navy
    , contributor
    Comments (291) | Send Message
    And BX stock goes ?? Thoughts appreciated
    11 Dec 2013, 07:22 PM Reply Like
  • springlite
    , contributor
    Comments (6) | Send Message
    Probably Down again.
    12 Dec 2013, 06:44 AM Reply Like
  • investorrelations01
    , contributor
    Comment (1) | Send Message
    "Probably down again", sounds like speculating to me. Please elaborate on what you mean by probably please. Thanks :)
    12 Dec 2013, 12:30 PM Reply Like
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