Debt Management - Hilton Hotels Corporation Agrees to Acquire Lodging Business of Hilton Group plc
Hilton Hotels Corporation Agrees to Acquire Lodging Business of Hilton Group plc
Hospitality Net - Dec 29 9:22 AM
BEVERLY HILLS, Calif. | Hilton Hotels Corporation (NYSE:HLT) (”HHC”) today announced an agreement whereby HHC will acquire the lodging assets of Hilton Group plc (known collectively as “Hilton International” or “HI”) for approximately GBP 3.30 billion (or $5.71 billion) in an all-cash transaction. This equates to a purchase price multiple of 11.3 times pro forma 2006 Adjusted EBITDA. The purchase Save to My Web
Year in review: Flap over poultry house regulations, All-America City designation top news
Times and Democrat - 3 minutes ago
Stricter rules for commercial poultry houses set off a tempest in Orangeburg County, one of South Carolinas largest agricultural counties. The controversy leads the list of the top stories of 2005 in The T&D Region.Save to My Web
Level 3 CEO James Q. Crowe to Speak at the 16th Annual Citigroup Entertainment, Media and Telecommunications Conference
[Press Release] PR Newswire via Yahoo! Finance - Dec 29 2:00 PM
James Q. Crowe, chief executive officer of Level 3 Communications, Inc. , will make an investor presentation at the 16th Annual Citigroup Entertainment, Media and Telecommunications Conference in Phoenix, Arizona on Monday, January 9th.Save to My Web
Oledan: Survival budget
Sun Star - Dec 27 8:44 AM
THE budget for 2006 could be considered as a survival budget, one that reflects the priority of the national officials amidst the worsening economic and political condition. Debt servicing still remains to be the priority in the 2006 national budget.Save to My Web
Luby’s Announces First Quarter Fiscal 2006 Results
[Press Release] PR Newswire via Yahoo! Finance - Dec 29 5:30 AM
Luby’s, Inc. today announced unaudited financial results for the first quarter fiscal 2006, which ended on November 23, 2005. Same-store sales increased 6.9% over the first quarter fiscal 2005 and the Company generated net income of $2.2 million and reduced outstanding debt by $3.5 million in the first quarter to $10.0 million.Save to My Web