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

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    May 21, 2013 |Story| Reuters
  1. Scandal or not, one SAC investor can't get enough of Steve Cohen

    Reuters
    BOSTON/NEW YORK (Reuters) - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money. "I'm...

    Tags: Mutual Funds, Finance, Economy, Business and Finance, Insider Trading, Politics

  2. May 21, 2013 |Story| Reuters
  3. Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers

    Reuters
    NEW YORK (Reuters) - The decision by prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads. In the...

    Tags: Mutual Funds, Insider Trading, Justice System, HSBC Holdings plc, Morgan Stanley Dean Witter & Company

  4. May 21, 2013 |Story| Reuters
  5. Deals of the day -- mergers and acquisitions

    Reuters
    (Adds Sprint Nextel, Dish Network, DBS Group, France Telecom, Natixis, Alere Inc, EDF and others) May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: ** Sprint Nextel Corp said its Japanese...

    Tags: Verizon Wireless, Petroleum Industry, Finance, Economy, Business and Finance, Italy

  6. May 20, 2013 |Story| Reuters
  7. Market Chatter-Corporate finance press digest

    Reuters
    May 21 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday: * Charlie Ergen, the chairman of U.S. satellite company Dish Network Corp, has offered to buy bankrupt broadband company LightSquared Inc's wireless...

    Tags: Petroleum Industry, Finance, Economy, Business and Finance, Rockwood Holdings Incorporated, Deutsche Bank AG

  8. May 20, 2013 |Story| Reuters
  9. Rockwood pigments businesses attract private equity bids: sources

    Reuters
    NEW YORK (Reuters) - Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people familiar with the matter said. The auction...

    Tags: Rockwood Holdings Incorporated, Huntsman Corporation, Private Equity, Bain Capital, LLC, Metal

  10. May 20, 2013 |Story| Reuters
  11. Blackstone, Pactera insiders make $680 million offer

    Reuters
    (Reuters) - Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private. Pactera said it...

    Tags: Finance, Mergers, Acquisitions and Takeovers, Science and Technology, Economy, Business and Finance, Michael S. Dell

  12. May 19, 2013 |Story| Reuters
  13. 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: Mutual Funds, Lawyers, Insider Trading, Justice System, Prosecution

  14. May 17, 2013 |Story| Reuters
  15. 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: Mutual Funds, Wyeth, Insider Trading, U.S. Securities and Exchange Commission, Zuckerman Spaeder LLP

  16. May 17, 2013 |Story| Reuters
  17. 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: Finance, Eastman Kodak Company, Science and Technology, Economy, Business and Finance, Photography Supplies and Services

  18. May 17, 2013 |Story| Reuters
  19. 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: Science and Technology, Finance, Eastman Kodak Company, Economy, Business and Finance, Photography Supplies and Services

  20. May 17, 2013 |Story| Reuters
  21. 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: Central Bank, Finance, Economy, Business and Finance, Stock Market, Bank of America Corp.

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

    Reuters
    (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: Mutual Funds, Finance, Economy, Business and Finance

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