Golden Nugget still wants Hilton Hotels stock.
- Share via
Hilton Hotels said the Las Vegas-based casino operator had notified the estate of Conrad N. Hilton and the Hilton Foundation that it is still interested in buying the estate’s controlling 27.4% stake in the Beverly Hill-based hotel chain for the same $72 a share, or $488 million, that was offered and rejected last April. Separately, Barron Hilton, chairman of Hilton Hotels, said he is still negotiating with the foundation over a dispute that has blocked his own acquisition of the shares left by his father.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.