Hilton Hotels Chmn Bought 300,000 Company Shrs Via Trust
Dow Jones Newswires
WASHINGTON -- Hilton Hotels Corp. (HLT) Chairman William Hilton purchased 300,000 company shares indirectly through a trust, according to a Form 4 released Wednesday by the Securities and Exchange Commission.
The filing says the shares were purchased Aug. 16 at $10.13 a share and Aug. 17 at $10.06 a share.
After the purchases, the William B. Hilton Trust owned 16,516,584 shares and the Hilton Family Trust owned 7,016,646 shares.
Hilton Hotels shares recently traded at $9.75.
Based in Beverly Hills, Calif., Hilton Hotels develops, owns, manages and franchises hotels, casinos, resorts and vacation properties |
