07-03-2007, 06:11 PM
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Registered User
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Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
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Dumb question
Blackstone is buying Hilton hotels (HLT) ...
The private equity group agreed to acquire all outstanding Hilton shares for $47.50 each, a 32 premium over Tuesday's closing stock price.
This was announced after all trading hours. Does this mean the share price will likely open around $47.50 Thursday? And is there any chance of grabbing some premarket at the lower price if there are open orders? I haven't done much in afterhours trading.
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