Simpson, Hogan Guide Hilton On REIT, Time Share Spinoffs

Law360, Minneapolis (February 26, 2016, 12:36 PM EST) -- Hilton Worldwide Holdings Inc. on Friday said it's planning to spin off much of its real estate assets into a real estate investment trust and is looking also to separate its Hilton Grand Vacations time share division into an independent publicly traded company, with guidance from Simpson Thacher & Bartlett LLP and Hogan Lovells.

In seeking to spin off its real estate assets, Hilton is joining a growing number of companies that have done or explored REIT spinoffs in the last two years, and said it has...
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