With Hilton Sale, Is Marriott Next?
The WSJ kicks off the speculation frenzy with a teaser of a story (subscription required) that ponders whether Marriott International might be in play now that private equity giant Blackstone has landed Hilton Hotels.
The story says Marriott shares have been ticking up in recent months on buyout rumors. "But 75-year-old Chairman and CEO J.W. "Bill" Marriott Jr., whose family controls the company, shows no signs of slowing down or selling."
Meanwhile, investors overseas were gobbliing up hotel shares on the European exchanges Wednesday, betting that more acquistions are on the way.
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Posted by: JJ | July 5, 2007 11:34 AM
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