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Blackstone acquired the premium hotel operator for approximately $26 billion, representing a 25% premium to Hilton's all-time high stock price. The Hilton deal, announced on July 3, 2007, is often referred to as the deal that marked the "high water mark" and the beginning of the end of the multi-year boom in leveraged buyouts.
Blackstone Inc. (BX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Blackstone Group (BX) closed the most recent trading day at $53.95, moving +0.63% from the previous trading session.
Blackstone Inc. (BX) closed at $95.36 in the latest trading session, marking a +1.05% move from the prior day.
Blackstone (BX) records a rise in revenues along with higher asset balances in the second quarter of 2021. Blackstone (BX) Stock Up 4.1% on Q2 Earnings Beat, AUM Up Y/Y Skip to main content
Stephen Allen Schwarzman (born February 14, 1947) is an American billionaire businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was briefly chairman of former president Donald Trump 's Strategic and Policy Forum. [1]
Blackstone Inc. (BX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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