Advertisement

Golden Nugget still wants Hilton Hotels stock.

Share

Hilton Hotels said the Las Vegas-based casino operator had notified the estate of Conrad N. Hilton and the Hilton Foundation that it is still interested in buying the estate’s controlling 27.4% stake in the Beverly Hill-based hotel chain for the same $72 a share, or $488 million, that was offered and rejected last April. Separately, Barron Hilton, chairman of Hilton Hotels, said he is still negotiating with the foundation over a dispute that has blocked his own acquisition of the shares left by his father.

Advertisement