Bass: Buyer Or Takeover Target?

LONDON An industry insider here told HOTEL BUSINESS. that if Bass does not wind up acquiring Granada s hotels after bidding on the assets for many months, it may wind up as the takeover target of Beverly Hills, CA-based Hilton Hotels Corp. A decision on who will get Granadas hotel assets will be made in a few weeks, at which time Hilton may make its move. (1/23/01) Jerry Merkin