Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, July 6, 2007

Heavy Pre-Announcement Trading in Hilton Stock

Was there inside trading in Hilton shares before its announcement on Tuesday that Blackstone would buy the hotel chain?  There was heavy pre-announcement trading in the stock and call options.  See WPost, A Spurt Precedes Hilton's Sale; WSJ, Hilton Options Deliver Payoffs.

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