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Blackstone may make changes to Hilton IPO

Previous reports from the Financial Times on Hilton's stock market debut saw the IPO on December 2nd for $1.25 billion. However, as the date approaches, word is circulating that Blackstone is considering further changes to the IPO.Even at $1.25 billion, the offering would be the highest amount raised for a US hotel company. However, Bloomberg reports that the offering is set to increase to $2.25 billion to allow preferred shareholders to sell about $1 billion in stock. Blackstone has declined to comment on this.Bloomberg also reported that the price terms for the IPO are expected to be revealed in the first week of December, the IPO to be pushed further back to later in the month.

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