How Blackstone made $8.5 billion from Hilton’s $6 billion increase in value

By Ben Walsh
December 16, 2013

In July 2007, Blackstone took Hilton private for $26 billion. On Monday, Hilton IPO’d at $20 a share. Using the same measure to value the company as when Blackstone acquired it, Hilton’s enterprise value is now $32 billion. That’s $6 billion above Blackstone’s takeover price.So it’s a bit confusing to read that Blackstone has an made an $8.5 billion profit on its investment in Hilton.

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Twitter economics

By Ben Walsh
October 16, 2013

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