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Hilton Closes Sale of Waldorf Astoria New York

Hilton Closes Sale of Waldorf Astoria New York

MCLEAN, Va.—Hilton Worldwide Holdings today announced it closed its previously-announced sale of the Waldorf Astoria New York to Anbang Insurance Group Co. for $1.95 billion. In addition, Hilton Worldwide has signed agreements to redeploy the proceeds of the sale to ...

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The First Hilton Renaissance

The First Hilton Renaissance

Financially successful and expanding, in 1949 Hilton Hotels was a company on the rise in an industry still struggling from the bleak days of the Great Depression. Founder Conrad Hilton was on the verge of making his name synonymous with ...

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