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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.
Financial Center: New York Value: 0.00-0.00
Advised Party: Group Law Firm
Group United States Group United States
Classification: Group Restructurings
Lawyer Joshua Ford Bonnie