Hilton Worldwide Holdings Inc. (NYSE:HLT) Files An 8-K Material Modification to Rights of Security Holders
Item3.03. Material Modification to Rights of Security Holders.
The information set forth under Item 5.03 below is incorporated
by reference into this Item 3.03.
Item5.03. Amendments to Articles of Incorporation or
Bylaws; Change in Fiscal Year.
In connection with the consummation of the previously announced
sale (the Sale) of shares of common stock of Hilton Worldwide
Holdings Inc. (the Company) by affiliates of The Blackstone Group
L.P. (collectively, Blackstone) to HNA Tourism Group Co., Ltd.
and certain of its affiliates (collectively, HNA), the Company
adopted Amended and Restated By-Laws (the By-Laws), effective as
of March15, 2017. The By-Laws included revised provisions
referencing the Stockholders Agreement, as appropriate, to
include references to the Companys Stockholders Agreement with
HNA.
The By-Laws are qualified in their entirety by reference to the
full text of such document, which is filed herewith as Exhibit
3.2 and the terms of which are incorporated herein by reference.
Item9.01. Financial Statements and Exhibits.
(d)Exhibits.
|
Exhibit No. |
Description |
|
| 3.2 |
Amended and Restated By-Laws of Hilton Worldwide Holdings Inc. |
About Hilton Worldwide Holdings Inc. (NYSE:HLT)
Hilton Worldwide Holdings Inc. is a hospitality company. The Company is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. The Company operates through three segments: ownership, management and franchise, and timeshare. The Company’s ownership segment consisted of 146 hotels with 59,463 rooms at December 31, 2015. Through management and franchise segment, the Company had 4,419 hotels with 691,887 rooms at December 31, 2015. As of December 31, 2015, through the timeshare segment, the Company had 45 properties comprising 7,152 units. It markets and sells timeshare intervals; operates timeshare resorts and a timeshare membership club, and provides consumer financing. Its brand portfolio includes its luxury and lifestyle hotel brands, such as Waldorf Astoria Hotels & Resorts, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton and Tru by Hilton. Hilton Worldwide Holdings Inc. (NYSE:HLT) Recent Trading Information
Hilton Worldwide Holdings Inc. (NYSE:HLT) closed its last trading session down -0.29 at 57.92 with 1,580,679 shares trading hands.