Pritzker Family May Take Hyatt Public
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Chicago’s Pritzker family may sell shares in its Hyatt Corp. hotel company to the public and break up the rest of its $15-billion empire to settle a financial dispute among family members, said a person familiar with the situation.
The Pritzkers decided last year to divide its investments after some family members threatened lawsuits over control of Hyatt’s vast holdings, the person said. Actress Liesel Pritzker alleged in a lawsuit last month that her father, Robert Pritzker, is depriving her of a $1-billion inheritance.
The family did not respond to requests for comment.
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