New York: No Curtain Call for Gordon Ramsay

Gordon Ramsay forced to relinquish ownership of his New York restaurant to the Blackstone Group, owners of the London hotel in which it is based.

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Spy vs Spy:Hilton could face criminal charges over espionage

The grand jury will look into whether the hotel group, which is owned by private equity firm Blackstone Group, used confidential documents and concepts taken from the rival operator by former Starwood executives who defected to Hilton and helped launch the hotel group’s Denizen brand.

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No stars for star hotels

"Maintaining stars requires enormous capital investment," said Stephen Bollenbach, who retired as Hilton's chief executive officer when Blackstone Group bought the company in 2007. "Ratings aren't based on making good returns on your investment."

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Timeshares From An Irreverent Look at Wall Street Perspectiv

Private-equity firm Blackstone Group LP purchased Hilton Hotels Corp for $26 Billion in 2007. They are planning to sell real estate that wouldn't sell, but packaging it in a time share vacation.

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