You cannot have escape the news that Blackstone is readying to ditch its Hilton investment and is preparing for an early 2014 IPO. This has been all over the financial press and tv channels in the past couple of days. There are good articles about this on WSJ (here) and NYT (here).
Blackstone is a private equity firm that took Hilton private back in 2007 and saddled the hotel company with debt. This is the method for “private equity” firms to basically make the firms to pay for their takeovers.