(PAC) Preferred Apartment Communities Inc. has announced a $5.8 billion purchase deal by Blackstone Inc. The all-cash transaction deal will be executed at $25.00 per share of PAC, representing a…
(Yahoo! News) Australian gaming group Crown Resorts has agreed to a takeover bid by Blackstone for A$8.9 billion or US$6.3 billion. Crown Chairman Ziggy Switkowski says the Blackstone offer is…
Blue-chip stocks are companies that have a substantial market share in their industries and an overall stable business. They often have a slower growth rate than fast and upcoming companies,…
(AIG) Blackstone has agreed with the American International Group Inc. to acquire a 9.9% equity stake in the latter’s Life & Retirement business. AIG will receive $2.2 billion from the…
(WSJ) Three companies that include Blackstone Group Inc. have agreed to acquire Medline Industries Inc. The deal values the target at more than $30 billion. Analysts see the acquisition of…
Blackstone Group Inc. named Snowflake Inc. Chief Executive Officer Frank Slootman as its senior adviser reports Bloomberg Quint. Slootman will help Blackstone’s portfolio companies with a focus on its platform…