Blackstone CEO's high profile concerns rival firms
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They may not be blaming him for making their lives more difficult -- yet. But rivals at private equity firms sure wish that Stephen Schwarzman, the founder and CEO of buyout firm The Blackstone Group, would get his name off the front pages.
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Several U.S. lawmakers yesterday stepped up efforts that could delay the initial public offering of private-equity giant Blackstone Group on the eve of its highly anticipated launch.
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The recent woes of Citigroup   have encouraged some investment bankers to talk up the chances  that the biggest U.S. bank might feel pressure to buy a major  U.S. rival, with Wells Fargo & Co.  and even Goldman  Sachs Group  touted as potential merger partners.
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Senator Jim Webb asked federal authorities on Wednesday to look into "national security implications" he said are posed by Chinese government involvement with Blackstone Group LP as it moves toward a stock offering expected to raise more than $4 billion.
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Private equity firm Blackstone Group  has emerged as a leading contender to buy the troubled U.S.  division of German automaker DaimlerChrysler AG  (DCXGn.DE), The Detroit News reported on its Web site on  Saturday, citing people familiar with the situation.
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TOKYO/HONG KONG  - U.S. private equity fund Blackstone Group is raising $10 billion for one of the biggest ever global property funds, sources familiar with the matter said on Thursday.
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Vornado Realty Trust dropped out of the high-stakes bidding war for Equity Office Properties Trust, the nation's largest office landlord, one day after private equity firm Blackstone Group again sweetened its offer.
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RCN Corp., a cable, telephone and Internet service provider that has struggled to maintain a mid-size foothold in an industry dominated by much larger rivals, hired Blackstone Group to consider a possible sale of the company, a person familiar with the matter said yesterday.
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Private equity firm Blackstone Group   is expected to name Host Hotels & Resorts Inc   chief executive Christopher Nassetta as president and CEO of  its recently acquired Hilton Hotels Corp, the Wall Street  Journal reported on Monday.
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CEO who once led company to industry glory has found himself under fire in recent years. LONDON -- Michael Eisner, who led the Walt Disney Co.
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In a keynote address this morning to the American Antitrust Institute in Washington, D.C., AMD CEO Hector Ruiz gave attendees what he described as "an idea of what it's like to do business day in and day out when you are competing against an abusive monopolist."  While Ruiz reiterated many familiar allegations against Intel, he at one point compared it against Google and Microsoft as examples of companies that thrive in the absence of monopolies.
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The Blackstone Group leads Vornado Realty Trust in the bidding for Equity Office Properties Trust, the nationâs largest office landlord.
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The boss of private equity firm Blackstone is to receive about $450m by selling off some of his stake, it emerges.
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The initial public offering by Blackstone Group today could reshape the booming buyout industry, spurring other firms to register for IPOs while provoking a backlash that might boost the taxes of wealthy managers of "private equity" funds that buy or invest in companies.
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Banknorth Group Inc.'s biggest investors are voicing concerns about the proposed sale of a controlling stake to Toronto-Dominion Bank .
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Blackstone Group issued compensation details for the first time on Monday, disclosing in a filing that CEO Stephen Schwarzman received nearly $400 million last year and stands to make at least another $450 million after the private equity firm goes public.
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Bank of America Corp.&#39;s top executive will be in Boston this week to counter critics who claim the bank has broken job commitments it made during its acquisition of FleetBoston Financial.