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Hilton Hotels Sold to Blackstone Group for 26 Billion Dollars
Posted On 07/07/2007 14:03:52

HILTON SHARES RISE 26% FOLLOWING SALE



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July 6, 2007 -- Shares of Hilton Hotels Corp. soared 26 percent yesterday, two days after the company agreed to be bought by The Blackstone Group for $20.1 billion in cash.

The deal was valued at $26 billion including debt.

Shares of other lodging companies also rose as analysts speculated about which ones might become the next buyout targets.

Hilton's shares were the most heavily traded on the New York Stock Exchange. Shares rose $9.34 to $45.39.

The proposed acquisition deal represents a 32 percent premium over Tuesday's closing price. It would instantly make Blackstone the world's largest hotel owner.

Celebrity socialite Paris Hilton and other descendants of her great grandfather Conrad Hilton - who started the hotel group in 1919 when he bought a small hotel in Cisco, Texas - won't likely see a windfall.

That's because the family has little stake left in the company and what's remaining is expected to ultimately go to charity.

"Very few Hiltons will benefit very much from this sale," said Jerry Oppenheimer, who profiled the Hilton family in his 2006 book "House of Hilton."

Hilton Co-Chairman Barron Hilton, Conrad's son and Paris' grandfather, is the only member of the Hilton clan that has a sizable role at the company. He's expected to give the roughly $1 billion that he stands to get from the sale of his 5.3 percent stake to the Conrad N. Hilton Foundation.

"If it wasn't for Paris, no one would be talking about the Hilton name. It would just be a financial story," said Oppenheimer.


 http://www.nypost.com/seven/07062007/business/hilton_shares_rise_26__following_sale_business_ .htm


Paris Hilton Is Back from the Slammer A Cooler Person
Posted On 07/07/2007 13:53:06







Celebrity Watch: The Unsinkable Paris Hilton
Posted on Friday, July 06, 2007 (EST)
Paris Hilton is no stranger to publicity. Everywhere she goes, everything she does, is fodder for the international press.



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Paris Hilton leaves a singing lesson with a book titled 'Singing For The Stars' in Hollywood, LA. She had an hour and a half lesson with Rachel Riggs, daughter of the famous vocal coach, Seth Riggs, who is the author of the book Paris took away. Its clear that Paris wants to get back to her singing career after just being released from jail (6 Jul 2007). Photo Credit: Splash News

By Ruchira Haldar

6 Jul 2007 (Sawf News) - Paris Hilton is no stranger to publicity. Everywhere she goes, everything she does, is fodder for the international press. And yet, we never seem to get bored of her. So much drama, so little time. Known as much for getting her glam on as she is for her now-trademark oversized glares, La Hilton likes to have her cake and eat it too. A fondness for the spotlight along with a wish to live her life, heiress-style.

It seems, however, that her time in the slammer has made her a little quieter, a little less. Paris. Whether its a phase that will pass or a brand new person remains to be seen. From her first outfit coming out of jail, a short-sleeved jacket with skinny pants and white shoes, to her recent navy blue sundress at the Malibu shindig, to this, a little striped number floating around LAshes gone conservative on us.

The only thing shes kept the same is the large glares, because hey, its still Paris and were still tracking her every well-heeled move. Its a far cry from the young woman who confessed on her reality show that she didnt wear underwear, the one who made the infamous sex tape and then sued to get it back. Whether shes dressing to reflect her changed personality, or just trying to breeze through the city on her errands, the statement surely works.

Paris, ten degrees cooler


Seen in this recent photograph, the Hilton girl wears a short kicky dress in uneven vertical stripes with large reflective shades, hair pulled back in a blue cap and carrying a white bag. Post-jail, it seems like shes less into flashing her last name and money than she is about being herself. Kudos on the stripes, they save the dress from being plain and yet dont overwhelm her tall figure. Somehow, we cant picture her dressed in this outfit and dancing on tables, as she has done in the past. Someone who had all the money in the world, then was deprived of it for a short time, now seems to understand the true meaning of freedom. Maybe having nothing to prove isnt such a bad thing.

The heiress to millions and former flame of Paris Latsis, Stavros Niarchos and a Backstreet Boy, Hilton seems to land on her pedicured feet one way or another. Probably the only ex-con we know that has two fragrances and a Teen Choice Award nomination, shes certainly one of the most unusual celebs of our Celebrity Watch. As if that wasnt enough, Paris has been after her fans to give her their vote in the hope that she wins. Dont know about the TCA, but youd surely win best-dressed in this! Viva la Paris!

http://news.sawf.org/Fashion/39637.aspx

Celebrity News
Posted On 07/07/2007 13:27:21

Longoria, Parker Wed in Royals' Church




By JENNY BARCHFIELD
The Associated Press
Saturday, July 7, 2007; 2:13 PM



PARIS -- The sun smiled on Tony Parker and Eva Longoria's wedding day, breaking through after days of gray Paris skies. Their VIP guests, though, were concealed by big black umbrellas.


Glamour and security went hand-in-hand as the NBA champion and star of "Desperate Housewives" exchanged vows Saturday in a church across from the Louvre Museum.








U.S. actress Eva Longoria, a star on the U.S. television series
U.S. actress Eva Longoria, a star on the U.S. television series "Desperate Housewives," arrives at a Paris City Hall, Friday, July 6, 2007, for her civil wedding with NBA player Tony Parker. The religious wedding is expected to be celebrated on Saturday July 7, 2007, followed by a reception planned at a historic chateau outside Paris. (AP Photo/Michel Spingler) Headline: Eva Longoria (Michel Spingler - AP)




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The week's events from around the world, captured in pictures.


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The Roman Catholic ceremony at the Saint-Germain-l'Auxerrois Church _ frequented by French royalty in centuries past _ was stage two in a weekend wedding extravaganza.


First, the mayor of Paris pronounced Parker and Longoria husband and wife in a civil ceremony Friday. Then a priest married them Saturday afternoon. Next up: an exclusive bash at a storied French chateau.


Stars of all stripes _ actors, athletes, musicians _ joined the couple for their nuptials.


Longoria's fellow "Housewives" garnered the most attention from several hundred mostly French fans outside the church, who booed bodyguards for blocking their view.


Teri Hatcher, in a silky blue gown, came with her 9-year-old daughter Emerson Rose. Felicity Huffman, in a beige dress with ruffled v-neck collar, brought husband William H. Macy. Nicolette Sheridan wore a strapless pink gown.


Marcia Cross, who stars in the series as Bree and recently gave birth to twins, was not expected to attend.


Sheryl Crow and the head coach for the San Antonio Spurs, Greg Popovich, were among guests who didn't stay concealed behind the huge black umbrellas bodyguards used to shield them from public view.


Police also erected 10-foot-high wooden panels in front of the church, and the bride and groom kept well out of sight.


After the guests and wedding party left in red buses and a black Rolls Royce, fans stormed the church, grabbing up the white lilies spread out across the large medieval hall.


The Rev. Dominique Schubert told The Associated Press that he formally married the 25-year-old Parker and 32-year-old Longoria in a full Catholic wedding ceremony. He gave no details.


Top News Reports
Posted On 07/07/2007 13:11:21
 


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  Welcome to the greatest show on earth - Times Online


 


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  2007-07-07T16:05:04+00:00


  2007-07-07T16:05:04+00:00


 
Welcome to the greatest show on earth
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Point-Spreads.com
Eating event force-fed to public
Chicago Tribune - Jul 4, 2007
Does a TV news segment or a story in your morning newspaper ever make you gag? I don't mean because it is too violent. I don't mean a TV program that warns you it contains "disturbing images" or that the article you are reading includes graphic and ...
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Brooks Bulletin
Chamber of secrets
Sydney Morning Herald - 3 hours ago
Winging its way to bookshops ... security is incredibly tight for Harry Potter And The Deathly Hallows, due in stores on July 21. IT MAY look like your average industrial warehouse at first glance, but don't be fooled.
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Bay Area Reporter
'Sicko' filmmaker has health-y outrage
Indianapolis Star - Jul 6, 2007
By David Germain AP LOS ANGELES -- "The doctor will see you now," says a Hollywood publicist as she opens a door for a reporter at Los Angeles City Hall.
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  2007-07-06T21:29:21+00:00


  2007-07-06T21:29:21+00:00


 

Washington Post
LA Mayor's Summer Affair Makes Headlines
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By MICHAEL R. BLOOD AP LOS ANGELES -- Mayor Antonio Villaraigosa likes to say "dream with me," but it's hard hear those words these days without a collective snicker.
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  Parker, Longoria Exchanging Paris Vows - Washington Post


 


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  2007-07-07T12:49:59+00:00


  2007-07-07T12:49:59+00:00


 

NBC Sandiego.com
Parker, Longoria Exchanging Paris Vows
Washington Post - 5 hours ago
By JENNY BARCHFIELD AP PARIS -- The mayor of Paris pronounced them husband and wife, but Tony Parker and Eva Longoria aren't finished tying the knot.
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  2007-07-07T04:03:44+00:00


 

StarPhoenix
A legend at peace
The State - 14 hours ago
By OTIS R. TAYLOR JR - otaylor@thestate.com Family, friends and fans of the late singer Bill Pinkney gather for a vigil at his home near Riley Park in Sumter on Friday.
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  2007-07-05T20:37:58+00:00


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Today's Top Stories
Posted On 07/07/2007 13:07:22
 


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  Welcome to the greatest show on earth - Times Online


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  tag:news.google.com,2005:cluster=429e2420


  Sat, 07 Jul 2007 16:05:04 GMT


 

MSNBC
Welcome to the greatest show on earth
Times Online&nbsp;- 2 hours ago
Fans were welcomed to the greatest show on earth&quot; as crowds poured in to Wembley Stadium for the London leg of the seven-continent Live Earth concerts today.
Gore urges crowd to go green Sydney Morning Herald
Live Earth gigs urge climate action Aljazeera.net
Wall Street Journal&nbsp;- Forbes&nbsp;- Globe and Mail&nbsp;- Monsters and Critics.com
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  Eating event force-fed to public - Chicago Tribune


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  Thu, 05 Jul 2007 02:00:18 GMT


 

Point-Spreads.com
Eating event force-fed to public
Chicago Tribune&nbsp;- Jul 4, 2007
Does a TV news segment or a story in your morning newspaper ever make you gag? I don&#39;t mean because it is too violent. I don&#39;t mean a TV program that warns you it contains &quot;disturbing images&quot; or that the article you are reading includes graphic and ...
Only in America: US Fetes Eating Champ Forbes
Speed Eating Show Entertains, Disgusts FOX News
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  tag:news.google.com,2005:cluster=429fe1b6


  Sat, 07 Jul 2007 14:36:18 GMT


 

Brooks Bulletin
Chamber of secrets
Sydney Morning Herald&nbsp;- 3 hours ago
Winging its way to bookshops ... security is incredibly tight for Harry Potter And The Deathly Hallows, due in stores on July 21. IT MAY look like your average industrial warehouse at first glance, but don&#39;t be fooled.
Magical month for Potter fans Norwich Bulletin
Harry Potter and the prediction pool Salon
Chicago Tribune&nbsp;- San Francisco Chronicle&nbsp;- ABC News&nbsp;- Louisville Courier-Journal
all 173 news articles

 


-



  &#39;Sicko&#39; filmmaker has health-y outrage - Indianapolis Star


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  tag:news.google.com,2005:cluster=429b313c


  Fri, 06 Jul 2007 07:12:39 GMT


 

Bay Area Reporter
&#39;Sicko&#39; filmmaker has health-y outrage
Indianapolis Star&nbsp;- Jul 6, 2007
By David Germain AP LOS ANGELES -- &quot;The doctor will see you now,&quot; says a Hollywood publicist as she opens a door for a reporter at Los Angeles City Hall.
Google apologizes for employee&#39;s blog post about &#39;Sicko&#39; San Jose Mercury News
Muckraker for the YouTube age Boston Globe
Beyond Chron&nbsp;- San Francisco Chronicle&nbsp;- The Simon&nbsp;- ZNet
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  LA Mayor&#39;s Summer Affair Makes Headlines - Washington Post


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  tag:news.google.com,2005:cluster=42a06c6b


  Fri, 06 Jul 2007 21:29:21 GMT


 

Washington Post
LA Mayor&#39;s Summer Affair Makes Headlines
Washington Post&nbsp;- 20 hours ago
By MICHAEL R. BLOOD AP LOS ANGELES -- Mayor Antonio Villaraigosa likes to say &quot;dream with me,&quot; but it&#39;s hard hear those words these days without a collective snicker.
For Villaraigosa: Sex, lies and eyes that pry Los Angeles Times
Is Al Gore Willing to Put His Money Where His Mouth Is? FOX News
Times Online&nbsp;- New York Times&nbsp;- Forbes&nbsp;- Gay Socialites
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-



  Desperate photographers frozen out as Longoria weds - New Zealand Herald


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  tag:news.google.com,2005:cluster=429ccf9b


  Sat, 07 Jul 2007 00:56:45 GMT


 

NBC Sandiego.com
Desperate photographers frozen out as Longoria weds
New Zealand Herald&nbsp;- 17 hours ago
By James Mackenzie Desperate Housewives star Eva Longoria arrives at a Parisian town hall for her civil wedding to basketballer Tony Parker.
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  A legend at peace - The State


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  tag:news.google.com,2005:cluster=42a13201


  Sat, 07 Jul 2007 04:03:44 GMT


 

StarPhoenix
A legend at peace
The State&nbsp;- 14 hours ago
By OTIS R. TAYLOR JR - otaylor@thestate.com Family, friends and fans of the late singer Bill Pinkney gather for a vigil at his home near Riley Park in Sumter on Friday.
Bill Pinkney dies at 81 Monsters and Critics.com
Last of the Original Drifters Dies at 81 Washington Post
WLTX.com&nbsp;- BBC News&nbsp;- Columbus Dispatch&nbsp;- Melbourne Herald Sun
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  Too Risky for Hollywood - TIME


  http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.time.com/time/magazine/article/0,9171,1640413,00.html&cid=1117680487&ei=2NWPRuzNEoK20QHJoIWgDA


  tag:news.google.com,2005:cluster=429e7367


  Thu, 05 Jul 2007 20:37:58 GMT


 

San Diego Union Tribune
Too Risky for Hollywood
TIME&nbsp;- Jul 5, 2007
Let the ordeal begin! On location in the Thai jungle, Herzog cues another harrowing scene. Directors like to think of themselves as adventurers: taking big-budget risks, leading actors and technicians into the artistic unknown, often shooting in ...
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Calling Paris Hilton? Student inherit's Paris Hilton's Old Phone Number
Posted On 07/07/2007 12:41:27
















Calling Paris? Student inherits Hilton's number

Fri Jul 6, 2007 1:51 PM EDT137








 







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LOS ANGELES (Reuters) - Days after U.S. college student Shira Barlow got her new cell phone number, the party inquiries, birthday wishes and late-night calls started arriving.


Barlow had unwittingly inherited the old phone number of celebrity hotel heiress Paris Hilton -- and messages from well-wishers and foes alike are still flooding in five months later.


Barlow told the Los Angeles Times in a story published on Friday that the calls and text messages -- usually coming between about 2 a.m. and 4 a.m. on weekends -- at first were mostly from people asking about cool Los Angeles nightclubs.


But in May they were replaced by condolences after the 26-year-old socialite was sentenced to jail for violating probation in a drunken-driving case.


"People were scared for her," the UCLA student told the newspaper.


Barlow said she has resisted the temptation to pose as Hilton to get herself and her friends on the guest lists of exclusive parties.


She also said she has no plans to switch the number because it has been more a source of amusement than a hassle.


She inherited it in February under a practice in which U.S. phone companies recycle old cell phone numbers after six months to meet increasing demand, the Times said.


The newspaper stumbled on the story after a reporter called the number, hoping to reach Hilton, and Barlow answered.


Hilton spent three weeks in a county jail near Los Angeles last month. Her incarceration ignited a worldwide media frenzy and debate about celebrity justice.

by reuters.com



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