Blackstone Group LP Files for IPO
Private equity firm Blackstone Group LP filed with regulators on Thursday for an initial public offering of up to $4 billion of common units.
The New York-based firm said in an initial filing with the U.S. Securities and Exchange Commission that Morgan Stanley and Citigroup are the lead underwriters for the IPO.
Blackstone did not reveal how many units it plans to sell or their estimated price, as those details are expected in future filings. It said it plans to list on the New York Stock Exchange but did not propose a stock symbol.
The New York-based firm said in an initial filing with the U.S. Securities and Exchange Commission that Morgan Stanley and Citigroup are the lead underwriters for the IPO.
Blackstone did not reveal how many units it plans to sell or their estimated price, as those details are expected in future filings. It said it plans to list on the New York Stock Exchange but did not propose a stock symbol.
Labels: Blackstone Group
posted by Stock Administrator @ 4:13 PM
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