Hilton Group CB leaps on speculation it might sell hotels

20 Oct 2005

The present wave of mergers and acquisitions is producing occasional spurts of activity in the convertible trading market.

Hilton Group's 3.375% convertible bond due 2010 sprang up 11.4% last Friday (October 14) after Hilton Hotels Corp, the separate American company that operates Hilton-branded hotels in ...

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