Nov 4th, 2009 - Houston Chronicle
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CHICAGO — There's talk of infighting among its founder's heirs and a sluggish appetite for hotel reservations around the globe. But Hyatt Hotels Corp. shares are set to begin trading Thursday now that the company raised $950 million in its initial public offering.
Questions had lingered about whether investors would feel confident enough to snatch up the 38 million shares of the iconic hotel chain that were offered. Among the issues facing the company are disputes between members of the wealthy Pritzker family, the largest holders of Hyatt stock with an 85 percent stake in the Chicago company.
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Hyatt Hotels IPO: 38 million shares at $25 each
Nov 5th, 2009 - ChicagoTribune
Hyatt Hotels Corp., the hotel chain controlled by Chicago's Pritzker family, sold 38 million shares in an initial public offering at $25 each, at the higher end of its forecast range. The operator of 413 Hyatt-brand hotels raised about $950 million...
Hyatt stock rises 12 percent in NYSE debut
Nov 5th, 2009 - Reuters
NEW YORK (Reuters) - Hyatt Hotels Corp shares climbed 12 percent in their debut on Thursday as investors bet the company's strong balance sheet means it will be able to grow at a rapid pace when the industry eventually rebounds.Hyatt Hotels, Ancestry.com jump in market debuts
Nov 5th, 2009 - AOL Money & Finance
NEW YORK -Two well-known companies shined in their market debuts Thursday despite what has recently been a difficult market for initial public offerings. Shares of Hyatt Hotels Corp...
Hyatt Hotels shares surge in NYSE debut
Nov 5th, 2009 - CNNMoney
* Strong balance sheet, industry outlook spur shares * Second-largest IPO on NYSE this year; shares up 11 pct * Based on EBITDA valuation, Hyatt trading at discount (Recasts...
Hyatt Hotels to Test the IPO Waters
Nov 1st, 2009 - Wall Street Journal
This week's IPO of Hyatt Hotels Corp. will be a big test for the offerings market. After investors warmed to new issues this past summer, they lately have gotten much more picky...
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0:59Hyatt debuts 8% above price amid 'discerning market'
Hyatt Hotels Corp. (NYSE:H) opened Thursday at $27, above the $25 price established Wednesday evening. The stock is at $27.41 in late-morning trading. In the year's fourth largest initial public offering, the private-equity backed hotel chain raised $950 million in gross proceeds ...
1:01NYSE Euronext's Cutler on hot week for IPOs
Hyatt Hotels Corp. is one of six initial public offerings anticipated this week, making it the most active week in IPOs since that of Sept. 21, when seven companies went public. The hotel chain, which is expected to debut Thursday on the New York Stock Exchange under the ticker symbol H ...
2:18Sector to Watch - Hotels - Bloomberg
Hyatt May Raise $1.15 Billion in IPO; Possible Hotel Recovery in 2010? (Bloomberg News)
