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Secondary offering of 15 million Hilton common shares prices

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Secondary offering of 15 million Hilton common shares prices

A secondary offering of 15.0 million of Hilton Inc. common stock, by affiliates of Blackstone Group LP, has priced.

The offering is expected to close June 13, subject to customary closing conditions.

Hilton said it is not selling any shares of common stock in the offering and will not receive any proceeds.

Morgan Stanley and Goldman Sachs & Co. LLC are the underwriters for the offering.