The hoovering up of all the world's assets by private equity firms continues, with Blackstone buying up Hilton to add to, erm, La Quinta.
Extrapolating, Hilton Hotels are now 10% owned by the people who bought you the Tiananmen Square massacre. Whether you find this more or less comforting than having your holiday fund Paris Hilton's lifestyle is a matter between you and your conscience.
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