Steve Bollenbach, the co-chairman and chief executive of U.S.-based Hilton Hotels Corp. (HLT), has dashed hopes of an imminent merger with Hilton Group PLC (HG.LN), which operates the brand outside the U.S., the Financial Times reports in an article on its Web site Thursday.
Bollenbach told the FT he didn't envisage a merger or takeover until after he retired in December 2007.
External Source - For the complete article click here
Source - Dow Jones Newswires
Logos, product and company names mentioned are the property of their respective owners.
