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Hilton Hotels Corp. (HLT) said that it has agreed to be bought by private equity firm The Blackstone Group (BX) in an all-cash deal valued at about $26 billion. Under the terms of the deal, Hilton shareholders will receive $47.50 per share for each Hilton shares held. This represents a premium of 40% over Hilton's closing stock price of $33.87 on Monday and a premium of 32% over Tuesday's closing stock price of $36.05. Know more>> | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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