Hilton Grand shares closed Monday up 5.9% at $34.57. Earlier, they traded for as much as $36, a 52-week high. Apollo Global shares closed little changed at $38.67. Blackstone fell 1.3% to $46.50.
The hedge fund Elliott Management, which is a Hilton Grand shareholder, had been urging the company to put itself up for sale, people familiar with the matter told the news service last month.