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Stephen F Bollenbach

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BUSINESS
November 13, 1997 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
In the oddly subdued climax to a nasty, 10-month siege, ITT Corp.--owner of Caesars Palace casinos and Sheraton hotels--Wednesday repelled a $9.3-billion hostile takeover bid from Hilton Hotels Corp. Shareholders at ITT's long-delayed annual meeting instead voted nearly 3 to 1 to accept a friendly $10-billion offer from Starwood Lodging Trust, the nation's third-largest real estate investment trust.
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BUSINESS
November 13, 1997 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
In the oddly subdued climax to a nasty, 10-month siege, ITT Corp.--owner of Caesars Palace casinos and Sheraton hotels--Wednesday repelled a $9.3-billion hostile takeover bid from Hilton Hotels Corp. Shareholders at ITT's long-delayed annual meeting instead voted nearly 3 to 1 to accept a friendly $10-billion offer from Starwood Lodging Trust, the nation's third-largest real estate investment trust.
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BUSINESS
June 15, 1997 | JESUS SANCHEZ, TIMES STAFF WRITER
The fast-moving president and chief executive of Hilton Hotels Corp., Stephen F. Bollenbach, has recently found himself doing something out of character: waiting. Nearly five months after launching a hostile takeover bid for rival ITT Corp., Bollenbach has been stymied at every turn. A few days ago, Bollenbach fired off a testy letter to the ITT board of directors and started another round of legal maneuvering to force the company to the bargaining table.
BUSINESS
June 15, 1997 | JESUS SANCHEZ, TIMES STAFF WRITER
The fast-moving president and chief executive of Hilton Hotels Corp., Stephen F. Bollenbach, has recently found himself doing something out of character: waiting. Nearly five months after launching a hostile takeover bid for rival ITT Corp., Bollenbach has been stymied at every turn. A few days ago, Bollenbach fired off a testy letter to the ITT board of directors and started another round of legal maneuvering to force the company to the bargaining table.
BUSINESS
February 6, 1996
Trends: The shares of Walt Disney Co. fell 38 cents Monday, the first day of trading after it was announced that chief financial officer Stephen F. Bollenbach would be leaving the company. Bollenbach, who played a key role in Disney's $19 billion acquisition of Capital Cities/ABC Inc., left to run Hilton Hotels as chief executive and president. Sources: Associated Press, Bloomberg Business News
BUSINESS
September 12, 2007 | From Times Wire Services
The retiring chief executive of Hilton Hotels Corp. will probably receive a severance payment of $10.5 million after the proposed $20.1-billion acquisition of the firm closes this year, Hilton said. The deal with Blackstone Group provides CEO Stephen F. Bollenbach with the payment if he is involuntarily terminated, as is expected after the deal is complete, Hilton said in a filing.
BUSINESS
April 13, 2007 | From the Associated Press
Stephen F. Bollenbach, chairman and chief executive of Beverly Hills-based Hilton Hotels Corp., received compensation last year valued at $17.5 million, according to a regulatory filing. His compensation package included $1 million in salary, a bonus of $137,830, stock and options worth about $14 million when granted, non-equity incentive plan compensation of $2 million and other compensation totaling $368,464, Hilton said in its Securities and Exchange Commission proxy statement.
BUSINESS
April 3, 1996 | Times Staff and Wire Reports
Hilton Explores Managing New Orleans Casino: Beverly Hills-based Hilton Hotels Corp. said it has had preliminary discussions with the casino's bondholders to manage and provide funding to complete the now-stalled gaming complex in New Orleans. Harrah's Jazz Co. halted construction on the project and filed for bankruptcy protection in November after it ran out of cash to build the casino and gambling revenues from a temporary facility fell far short of expectations.
BUSINESS
May 9, 1997 | (Jesus Sanchez)
Hilton Hotels Corp. President and Chief Executive Stephen F. Bollenbach said it could take until October to resolve his company's hostile bid to acquire ITT Corp. ITT, which owns the Sheraton hotel chain and Caesars Palace casino, has resisted all of Hilton's overtures and has postponed its annual shareholders meeting, which could take place as late as this fall.
BUSINESS
August 15, 1990 | From Times Staff and Wire Reports
Donald J. Trump picked as his new chief financial officer the executive credited with fending off Trump's takeover attempt of Holiday Corp. Trump named Stephen F. Bollenbach, senior vice president of Promus Cos., as chief financial officer of Trump Organization. Trump's bankers had insisted that he appoint a chief financial officer by Sept. 30 to oversee his company's affairs as part of a $65-million loan agreement.
BUSINESS
April 10, 2002 | From Bloomberg News
Hilton Hotels Corp. cut President and Chief Executive Stephen F. Bollenbach's pay 29% to $2.1million last year as the third-largest hotel company failed to meet profit goals. Bollenbach, 59, was paid $1 million in salary, $900,000 in a bonus and $205,245 in other compensation including matching contributions to a 401(k) plan, the company said in a filing with the Securities and Exchange Commission. In 2000 he was paid $2.95 million, including a $1.
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