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Highlights

A collection of news and information related to Blackstone Group, L.P. published by this site and its partners.

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    May 19, 2013 |Story| Reuters
  1. SAC Capital's Cohen gets subpoena to testify: NY Times

    Reuters
    (Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the case....

    Tags: Prosecution, Lawyers, Steven Cohen, Justice System, SAC Capital Advisors

  2. May 17, 2013 |Story| Reuters
  3. EXCLUSIVE-Onex fails to find buyer for Carestream Health

    Reuters
    By Soyoung Kim and Greg Roumeliotis NEW YORK, May 17 (Reuters) - Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion,...

    Tags: Medical Procedures and Tests, The Carlyle Group, Auction Service, Science and Technology, Photography and Video

  4. May 17, 2013 |Story| Reuters
  5. Exclusive: Onex fails to find buyer for Carestream Health

    Reuters
    NEW YORK (Reuters) - Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, three people familiar with the matter said...

    Tags: Medical Procedures and Tests, The Carlyle Group, Auction Service, Thomson Corporation, Photography and Video

  6. May 17, 2013 |Story| Reuters
  7. SAC Capital won't fully cooperate with government: letter

    Reuters
    NEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge...

    Tags: Prosecution, Michael Steinberg, Elan Corporation Plc, Mathew Martoma, SAC Capital Advisors

  8. May 17, 2013 |Story| Reuters
  9. Bankers see M&A recovery after deals drop 7 percent so far in 2013

    Reuters
    LONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession. The...

    Tags: Finance, Economy, Business and Finance, Dow Jones Industrial Average, Thomson Corporation, Bank of America Corp.

  10. May 16, 2013 |Story| Reuters
  11. Deals of the day -- mergers and acquisitions

    Reuters
    May 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** DDR Corp, owner of shopping centers where big-box retailers are located, said on Wednesday it had agreed to buy from Blackstone Group LP...

    Tags: Mergers, Acquisitions and Takeovers, Companies and Corporations, Sweden, UBS AG, Drugs and Medicines

  12. May 16, 2013 |Story| Reuters
  13. PRESS DIGEST - Financial Times - May 17

    Reuters
    May 17 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Budget black hole at heart of George Osborne's finances () Blackstone courts bold...

    Tags: Dell Inc., Finance, Economy, Business and Finance, Tony Hayward, Citigroup Incorporated

  14. May 16, 2013 |Story| Reuters
  15. Blackstone planning to create new hedge fund - FT

    Reuters
    May 16 (Reuters) - Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party hedge funds it invests with, the Financial Times reported. The new fund will invite managers to sell their interesting...

    Tags: Finance, Economy, Business and Finance, Mutual Funds

  16. May 16, 2013 |Story| Reuters
  17. Market Chatter-Corporate finance press digest

    Reuters
    May 17 (Reuters) - The following corporate finance-related stories were reported by media on Friday: * Enterprise software company Marketo Inc priced its initial public offering of common stock at $13, the higher end of its expected price range, to...

    Tags: Chemical Industry, Finance, Sweden, Pharmaceuticals, Economy, Business and Finance

  18. May 15, 2013 |Story| Reuters
  19. ANALYSIS-Blackstone and peers have a bargain for you: themselves

    Reuters
    * Firms have yet to demonstrate full asset sale cycle * Complex financials, insider ownership weigh on stocks By Greg Roumeliotis NEW YORK, May 16 (Reuters) - Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades...

    Tags: Companies and Corporations, The Carlyle Group, Real Estate Buyers, Thomson Corporation, Earnings

  20. May 15, 2013 |Story| Reuters
  21. Analysis - Blackstone and peers have a bargain for you: themselves

    Reuters
    NEW YORK (Reuters) - Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades scoured the stock market for undervalued companies. Now they are trying to convince investors that shares in their own firms are a bargain. As...

    Tags: Companies and Corporations, The Carlyle Group, Real Estate Buyers, Thomson Corporation, Ethics

  22. May 15, 2013 |Story| Reuters
  23. Private equity looks to pounce on cut-price India infrastructure

    Reuters
    By Indulal PM and Sumeet Chatterjee MUMBAI, May 16 (Reuters) - Private equity investment in Indian infrastructure is poised to pick up following a lengthy dry patch as debt-stressed operators of toll roads and other projects come under pressure from...

    Tags: Australia, Heavy Engineering, Bonds, Banking, Finance

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