The International Brotherhood of Teamsters pension funds are raising questions about Hilton Hotels' proposed acquisition of Bally Entertainment.
In a letter to other large Hilton shareholders, Bartlett Naylor, national coordinator for the office of corporate affairs, says casino operations are a risky business, and acquiring Bally ``obviously increases Hilton's exposure to the volatility that seems to be a routine matter in gaming.''
The Teamsters funds also wonder why Hilton is buying Bally for a high price, and fear the deal would change Hilton's character from a lodging company to a gaming company.
