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Article: Hilton Hotels Corp. board reviews potential sale of company or operations at meeting.
- Article from:
- PR Newswire
- Article date:
- November 16, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HILTON HOTELS CORP. BOARD REVIEWS
POTENTIAL SALE OF COMPANY OR OPERATIONS AT MEETING
NEW YORK, Nov. 16 /PRNewswire/ -- Barron Hilton, chairman of the board and president of Hilton Hotels Corp. (NYSE: HLT) announced today that the company's board of directors, at its regularly sceduled meeting held today, reviewed with its financial advisors, Shearson Lehman Hutton Inc. and Eastdil Realty Inc., the status of various matters relative to the potential sale of the company or its hotel operations.
As previously announced, Hilton has directed its financial advisors to explore various alternatives designed to optimize shareholder value, ...