Blackstone’s Hilton Files for $1.25 Billion U.S. Initial Offer

Blackstone’s Hilton Files for $1.25 Billion U.S. Initial Offer

Patrick Hamilton/Bloomberg

Net income at Hilton, which operates more than 4,000 properties worldwide, rose 39 percent to $352 million in 2012 from a year earlier, on revenue of $9.3 billion, according to today’s filing.