Hilton suit is settled
Hilton Worldwide said it finalized a pact with rival Starwood Hotels & Resorts to settle a suit involving the alleged misappropriation of trade secrets.
The lodging company — whose brands include Waldorf Astoria, Conrad Hotels & Resorts, Embassy Suites and its namesake brands — said that, under terms of the settlement, it consented to an injunction that includes “certain business restrictions for a period of two years.”
Additional terms of the settlement are confidential.
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