Deals & Suits
Hilton Worldwide IPO
Hilton Worldwide Holdings Inc. went public on Dec. 12 in the largest-ever initial public offering by a hotel chain, raising $2.35 billion by selling 117.6 million shares at $20 each. The stock closed at $21.50 per share on its opening day of trading on the New York Stock Exchange, giving Hilton a value of $21 billion, including its $11.7 billion in debt.
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