Jun21st
Blackstone Ipo Prices At Top Of Expected Range
Posted by admin at 10:32 AM. Filed under: Uncategorized
MARKET ALERT
from The Wall Street Journal.
June 21, 2007
Private-equity firm Blackstone Group’s initial public offering priced at $31 a share. The IPO price, which was at the top end of the expected range of of $29 to $31 and set by lead underwriters Morgan Stanley and Citigroup, values Blackstone at about $33.6 billion.
For more information, please see: http://online.wsj.com/article/SB118246077278643935.html?mod=djemalert
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