July 5, 2007 – LAWFUEL – Law Firm Newswire – The Firm is representing The Blackstone Group in its $26 billion acquisition of Hilton Hotels Corporation (NYSE: HLT). Hilton owns, manages or franchises more than 2,800 hotels, with 480,000 rooms in 76 countries and countries. Its brands include Hilton, Conrad, Doubletree, Embassy Suites, Hampton Inn, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, and The Waldorf-Astoria Collection.
This transaction represents the largest acquisition of any hotel company in history. With this deal, Simpson Thacher has represented Blackstone in 12 acquisitions of public real estate companies during the past 3 years having an aggregate value of over $100 billion, including the $39 billion buyout of Equity Office Properties (the largest completed LBO ever, which closed earlier this year).
The Simpson Thacher team working on the transaction includes: Brian Stadler, Chris May, Ellen Rosenberg, Angela Park (M&A); Gregory Ressa, Sas Mehrara, Farhad Karim, Erik Quarfordt, Alison Ando, Caylin Navo, Ari Stavsky, Wendy Yu, Trestney Hung, Helen Kim, Bryan Gordon, Nathan Hagerman, Alison Fagen, Bryan Herzbach, Heesun Kang and Elizabeth Ferrell (Real Estate); John Lobrano and Wonsun Jung (Capital Markets); Ken Ziman (Credit); Gary Mandel, Noah Beck and Jason Vollbracht (Tax); Greg Grogan, Wonda Joseph and Robert Lakind (Employee Benefits); Joe Tringali, David Vann, Michael Naughton, Jonathan Parker, Michael Ybarra and Jennifer Rie (Antitrust); Fagie Hartman and Andrew Janis (Labor); Lori Lesser, Mindy Lok and Agnes Dunogue (Intellectual Property); Adeeb Fadil and Timothy Mulvihill (Environmental); and Davis Coen, Frank Giovinazzo and Alistair Meadows (Summer Associates).