Thursday, July 5, 2007

Wall St seen opening higher on M&A, data eyed

(Reuters) - Shares of Hilton Hotels Corp. will be in the spotlight after U.S. private equity firm Blackstone Group on Tuesday agreed to buy the company for about $20 billion plus debt -- the richest in a series of private equity offers for hotel companies.




The U.S. stock market was closed for the Independence Day holiday on Wednesday. Stocks rose in a shortened session on Tuesday, boosted by takeover news.


Read more at Reuters.com Business News

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