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Thomas Pritzker

November 6, 2009

Hyatt Hotels Corporation, the Hotel empire controlled by the Pritzker family, announced last night it has raised $950 million from its initial public offering on the New York Stock Exchange.

Hyatt Hotels Corporation, the Hotel empire controlled by the Pritzker family, announced last night it has raised $950 million from its initial public offering on the New York Stock Exchange.

It is the second-largest IPO this year, topped only by the 7 October listing of a branch of another family business, Banco Santander. In a statement released yesterday the non-family CEO Mark Hoplamazian called the first day of trading a "success".

August 6, 2009

The Chicago-based Pritzker family, owners of the Hyatt Hotel Corporation, yesterday took the first step to taking the 52-year-old company public when it filed a registration statement for an Initial Public Offering with SEC in the US.

The Chicago-based Pritzker family, owners of the Hyatt Hotel Corporation, yesterday took the first step to taking the 52-year-old company public when it filed a registration statement for an Initial Public Offering with SEC in the US.
 
It is hoped the move will raise up to $1.15 billion to bolster the corporation's finances and fund new property investments, according to the statement. Hyatt's current non-family CEO Mark Hoplamazin will lead the new public company.
 

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