Friday, 06 July 2007

Hilton's real estate secures rich deal price

(Reuters) - That's particularly true when the target owns appealing
properties, allowing the deal to be funded through commercial
mortgage-backed securities as well as corporate debt.




Add to the mix assets that line up well next to others
accumulated in the current buyout boom, and the case can be
made for Blackstone paying 25 percent above the record high for
a stock that had already roughly tripled in the previous five
years.


Read more at Reuters.com Mergers News

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