Private equity giant enjoys largest US debut in 5 years; Schwarzman enjoys largest share
(Newser) -
The Blackstone Group went public today, selling 133.3 million shares at $31 and raking in $4.13 billion, the largest American IPO since 2002. The keenly anticipated issue values the private equity firm, founded by Stephen Schwarzman 27 years ago with $400,000, at $33.5 billion; the price...
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