A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Wednesday, November 29, 2006
Bear Steans Comments on Takeover Prices of HLT and HOT
Commenting on the possibility of private equity takeovers in the hotel space, Bear Stearns said private equity firms could pay $40 for Hilton Hotels Corp. (NYSE: HLT) and $75 for Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT).