Highlights
A collection of news and information related to Blackstone Group, L.P. published by this site and its partners.
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U.S. home prices keep rising, but homeownership is down
Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...
Tags: Homes, Chicago Mortgages, Real Estate, Services and Shopping, Rentals
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Blackstone commits to hiring 50,000 military veterans
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses. The company said it is partnering with the White House, which is leading an...
Tags: Target Brands, Inc., Veterans Affairs, Wal-Mart Stores, Inc., Career and Workplace, Unemployment
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SeaWorld won't pay income taxes for years
SeaWorld Entertainment Inc. is a hot commodity on Wall Street. The Orlando-based theme-park owner raised $700 million last week in an initial public offering that exceeded even its own expectations. The company's share price then surged even higher,...
Tags: Anheuser-Busch, Politics, SeaWorld, Personal Income, Travel
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SeaWorld stock jumps in public debut
Virginia GazetteSeaWorld, the parent company of Busch Gardens Williamsburg and Water Country USA, saw its stock rise 19.6 percent in its first day as a publicly traded company. Its stock rose as high as $34.67 per share during the opening day after an initial...Tags: Stock Market, Initial Public Offerings, Busch Gardens Williamsburg, People for the Ethical Treatment of Animals, NYSE Euronext, Inc.
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Blackstone real estate chief says L.A. is a tough market
You know Los Angeles has become a tough real estate market when it’s hard for even Jon Gray to find a bargain. “It’s become harder, because the pricing has moved up,” said Gray, the global head of real estate for private equity...
Tags: Homes, Antonio Villaraigosa, Real Estate, Services and Shopping, Rentals
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SeaWorld's IPO raises $702 million
SeaWorld Entertainment Inc., the theme park chain owned by Blackstone Group, priced its shares at the top of the marketed range and raised $702 million in its initial public offering. SeaWorld sold 26 million shares at $27 each, according to data compiled...
Tags: Theme Park Vacations, SeaWorld, Recreational and Sporting Goods Industry, Anheuser-Busch InBev, Stock Market
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Life Technologies Corp. of Carlsbad bought for $13.6 billion
Capping a long bidding war, laboratory-equipment maker Life Technologies Corp. of Carlsbad has agreed to be acquired by Thermo Fisher Scientific for $13.6 billion. The deal announced Monday was approved by both companies' boards of directors and...
Tags: Sigma-Aldrich Corporation, Medical Procedures and Tests, Medical Research
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SeaWorld increases IPO to more than $500 million
Shamu plans to soak Wall Street with a greater splash than previously thought. SeaWorld Entertainment Inc. — the company known for its performing killer whale — could raise $540 million in an initial public offering on the New York Stock...
Tags: Travel, Initial Public Offerings, Theme Park Vacations, Busch Gardens Orlando, SeaWorld
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Duncan Hines owner Pinnacle Foods jumps after IPO
Just like its popular Duncan Hines cake mixes, packaged foods company Pinnacle Foods Inc. was on the rise Thursday morning after raising $580 million in an initial public offering. The company -- which owns an array of popular brands including Birds...
Tags: Stock Market, Initial Public Offerings, Pinnacle Foods Incorporated, NYSE Euronext, Inc., U.S. Securities and Exchange Commission
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Part one: Zell's big gamble
Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
Tags: Customs and Tradition, Leveraged Buyouts, Michigan Avenue, Science and Technology, Music
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SeaWorld files for IPO, could raise $100 million
SeaWorld Entertainment Inc. and its killer whales are going public, filing for an initial public offering that could raise $100 million. The theme park company, famous for using the orca Shamu as a performer, said in a filing with the Securities and...
Tags: Initial Public Offerings, Theme Park Vacations, SeaWorld, Recreational and Sporting Goods Industry, Anheuser-Busch InBev
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Investment firm spending $150 million on S. Fla. foreclosures
Sun SentinelA Miami investment firm says it’s spending $150 million to buy 1,200 homes in foreclosure across South Florida. Roughly 60 percent of the homes will be in Miami-Dade County and the remainder will be split across Broward and Palm Beach counties,...Tags: Homes, Tampa, Miami (Miami-Dade, Florida), Rentals, Palm Beach (Palm Beach, Florida)
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Orlando Sentinel
Apr 24, 2013
|Story| Daily Press
Apr 18, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 15, 2013
|Story| Los Angeles Times
Apr 9, 2013
|Story| Los Angeles Times
Mar 28, 2013
|Story| Los Angeles Times
Jan 12, 2013
|Story| Baltimore Sun
Dec 27, 2012
|Story| Los Angeles Times
Oct 8, 2012
|Story| South Florida Sun-Sentinel
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