Friday, February 26, 2016

Hilton to Spin off Hotels Into REIT, Separate Timeshare Business

Hilton Worldwide Holdings Inc. confirmed plans to spinoff most of its hotels into a real-estate investment trust, a popular move among companies looking to slim down, and said it would split off its timeshare business into a separate company.

from WSJ.com: US Business http://ift.tt/1LhV1p8
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