Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 12-01-2017 | Practice Area: | Corporate and M&A |
Deal Title: | Hilton Spin-offs of Park Hotels and Hilton Grand Vacations | Industry: | Travel & Leisure |
Description: |
Simpson Thacher advised Hilton Worldwide Holdings Inc. on its spin-offs of Park Hotels and Resorts Inc. and Hilton Grand Vacations Inc., resulting in three separate publicly traded companies. Park Hotels and Hilton Grand Vacations began regular way trading on the New York Stock Exchange on January 4, 2017, under the ticker symbols PK and HGV, respectively. Hilton also effected a 1-for-3 reverse stock split, and continued to trade on the NYSE under the ticker symbol HLT.
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Financial Center: | New York | Value: | 0.00-0.00 |
Advised Party: | Group | Law Firm | Simpson Thacher |
Group | United States | Group | United States |
Classification: |
Group Restructurings |
Lawyer | Joshua Ford Bonnie |