(Reuters) - Details of the handsome payout came as Hilton revealed that it faced a dozen lawsuits by shareholders charging its board with breaching its fiduciary duties in agreeing to the $20 billion takeover by Blackstone.
Hilton said in a filing with the U.S. Securities and Exchange Commission on Friday that it considered the payout packages of Bollenbach and other directors and executives in reaching its decision to approve the merger.
Read more at Reuters.com Mergers News
Hilton said in a filing with the U.S. Securities and Exchange Commission on Friday that it considered the payout packages of Bollenbach and other directors and executives in reaching its decision to approve the merger.
Read more at Reuters.com Mergers News
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