May 18, 2018 / 5:12 PM / 7 months ago

BRIEF-Park Hotels & Resorts Inc. Announces The Sale Of The Hilton Berlin And Declaration Of Special Dividend

Park Hotels & Resorts Inc:

* PARK HOTELS & RESORTS INC. ANNOUNCES THE SALE OF THE HILTON BERLIN AND DECLARATION OF SPECIAL DIVIDEND

* PARK HOTELS & RESORTS INC - GROSS PROCEEDS FROM DEAL EQUATE TO APPROXIMATELY $350 MILLION, OR $583,000 PER KEY

* PARK HOTELS & RESORTS INC - SUBSEQUENT TO TRANSACTION CLOSING, PARK’S BOARD DECLARED A SPECIAL CASH DIVIDEND OF $0.45 PER SHARE Source text for Eikon: Further company coverage:

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