Plug is pulled on Blackstone deal
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A deal worth $1.8bn involving Blackstone collapses after the private equity firm fails to raise the funds.
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Equity Office Properties Trust  said on Tuesday that the Blackstone Group  raised the price of its takeover bid to $55.50 per share, after rival bidder Vornado Realty Trust  sweetened its own offer.
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Alliance Data Systems Corp , a provider of transaction, credit and marketing services, said on Monday its $6.76 billion buyout by private equity firm Blackstone Group LP  was in jeopardy.
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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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RCN Corp. RCNI.O, which provides   cable television, telephone and Internet services, has hired   Blackstone Group to help it decide whether to put itself up for   sale, a person familiar with the matter said on Wednesday.
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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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The Blackstone Group won the bidding war for Equity Office in the biggest leveraged private equity buyout ever.
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Investors have some nerve to dump Blackstoneâs shares â donât they know who Steve Schwarzman is?
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Blackstone Group plans to sell some New York office buildings it is acquiring from Equity Office Properties Trust  to Macklowe Properties for about $7 billion, a source close to the deal said on Wednesday.
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After months of hype, hoopla and controversy, the Blackstone Group went public, and with it, lost its âprivate equityâ moniker.
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Private equity firm Blackstone Group  won control of Equity Office Properties Trust  on  Wednesday after a majority of the top U.S. office landlord's  shareholders accepted Blackstone's cash bid of $23 billion, and  rival bidder Vornado Realty Trust  dropped out.
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Blackstone Group raised its offer for Equity Office Properties Trust to $39 billion in an attempt to thwart rival bidder Vornado Realty Trust a day before shareholders vote on what would be the largest leveraged buyout ever.
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Cable television, phone and Internet   service provider RCN Corp. RCNI.O has hired Blackstone Group   to consider the possible sale of the company, a source familiar   with the matter said on Wednesday.
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Blackstone Group LP, the private equity firm that bought Equity Office Properties Trust in the biggest leveraged buyout ever, has sold 53 buildings in Washington, D.C., Portland, Ore., and Seattle for $7.55 billion, said three people with direct knowledge of the transactions.
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It's the first day of trading for Blackstone. Should you pile on?
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The slide poses an embarrassing setback for Blackstone, whose debut was among the most widely anticipated of the year.
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Units of Blackstone Group LP  fell nearly 8 percent on Monday due in part to concerns about the private equity firm's lofty valuation following its highly publicized market debut last week.