For the parent company involved in the buy out please see Hilton Hotels Corporation. This hotel chain, a subsidiary of Hilton Hotels Corporation, is not the company being acquired. , located on the campus of the University of Houston, contains the Hilton College of Hotel and Restaurant Management]]The Hilton brand was re-united internationally after more than 40 years in February 2006, when United States-based Hilton Hotels Corporation purchased the lodging arm of United Kingdom-based Hilton Group PLC, which had acquired Hilton's international operations in 1987 (the companies had been severed originally in 1966). Hilton Hotels became America's first coast-to-coast hotel chain in 1943. http://hiltonworldwide1.hilton.com/en_US/ww/business/history/milestones.do;jsessionid=1A1A62D0BE2B9C774BE6AA36B3F7DD1C.etc34 The company places marketing emphasis on business travel, but owns and operates a number of resorts and leisur