Blackstone nears deal for Jersey Mike's Subs, source says [Yahoo! Finance]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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Source: Yahoo! Finance
debt, and could be announced as early as this week, a person familiar with the matter told Reuters on Monday. The Wall Street Journal first reported the news earlier on Monday. Blackstone and Jersey Mike's did not immediately respond to Reuters' request for comment. Jersey Mike's Sub, a fast casual sub sandwich franchise, operates over 2,800 locations. In April, Blackstone agreed to buy Tropical Smoothie Cafe, marking its latest investment in a franchise business. Blackstone's previous franchise deals include the 2007 acquisition of Hilton Hotels and its investment in Servpro, a franchise in the cleanup and emergency restoration industry. Private equity firms have shown increasing interest in franchise operators. Last year, Roark Capital agreed to buy Subway, in a deal that people familiar with the matter told Reuters said valued the U.S. sandwich chain at up to $9.55 billion, including debt. (Reporting by Anirban Sen in New York and Rhea Rose Abraham and Harshita Meenak
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HLT
News
- Hilton Worldwide (HLT) Up 7.1% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Reflecting On Travel and Vacation Providers Stocks' Q3 Earnings: Carnival (NYSE:CCL) [Yahoo! Finance]Yahoo! Finance
- Hilton Fuels Growth in India With Strategic Licensing Agreement [Yahoo! Finance]Yahoo! Finance
- Jersey Mike's sold at $8 billion value to private equity firm [Yahoo! Finance]Yahoo! Finance
- Hilton plans to expand footprint in India amid boom in leisure travel demand [Yahoo! Finance Canada]Yahoo! Finance Canada
HLT
Earnings
- 10/23/24 - Beat
HLT
Sec Filings
- 10/25/24 - Form 4
- 10/24/24 - Form 144
- 10/23/24 - Form 10-Q
- HLT's page on the SEC website