Blackstone's IPO expected to raise 4 billion dollars

Blackstone Group LP's plans to go public to raise 4 billion dollars has opened its records to public scrutiny, revealing the firm's moneymaking power.

Blackstone, now considered the world's largest leveraged buyout fund, on Thursday announced it would sell a minority stake in what is being called the biggest initial public offering by a US buyout manager.

Read Full Article from Monsters and Critics.com

- Posted: 2007-03-23 12:16:51

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