Latest Blackstone Group Stories
-- Win a Bad Boy Mower, Utility Vehicle or Tickets to SeaWorld or Busch Gardens -- ORLANDO, Fla., June 10, 2013 /PRNewswire/ -- Skip the neckties and cologne this Father's Day. SeaWorld® and Busch Gardens® are teaming up with Bad Boy Mowers® to "Celebrate Dad" with a chance to win a Bad Boy Outlaw XP Zero-Turn Mower, an Intimidator XD4 utility vehicle, or tickets for four to a SeaWorld or Busch Gardens park. (Logo: http://photos.prnewswire.com/prnh/20091201/FL19045LOGO) "Our...
BEIJING, May 20, 2013 /PRNewswire/ -- Pactera Technology International Ltd. (Nasdaq: PACT) ("Pactera" or the "Company"), a global consulting and technology services provider strategically headquartered in China, today announced that its board of directors has received a non-binding proposal letter dated May 20, 2013 from an affiliate of funds managed or advised by Blackstone, the Company's non-executive Chairman, Chris Chen, its Chief Executive Officer, Tiak Koon Loh, and its...
The company made the announcement earlier this week, just months after Wal-Mart made a similar commitment. Washington, DC (PRWEB) May 02, 2013 The Disabled Veterans National Foundation, a non-profit veterans service organization that focuses on helping men and women who serve and return home wounded or sick after defending our safety and our freedom, is commending the Blackstone Group for its commitment to hire 50,000 veterans in the next 5 years. The company made the announcement...
SHORT HILLS, N.J., Feb. 21, 2013 /PRNewswire/ -- Energy Capital today announced the final close of Energy Capital Partners Mezzanine Opportunities Fund, LP at $805 million in total commitments, which significantly exceeds the $500 million target. The Fund, which already has made two investments, was formed in response to the strong flow of attractive debt and preferred equity opportunities seen in the normal course of deal screening for the firm's private equity vehicles. These...
The big hedge firms are buying up Florida real estate for millionaire clients and now a small real estate brokerage boutique offer the service of buying and managing single family rentals priced as lows as $40,000. Dunedin, FL (PRWEB) February 18, 2013 Advanced Realty Team, Inc., yesterday announced it will offer a “Done for You” Florida real estate investment package for people worldwide who now believe it is time to buy Florida real estate, but do not live here so they cannot do it...
LONDON, January 18, 2013 /PRNewswire/ -- The volatile global economic environment and stricter regulations since the financial crisis has meant that the operating environment for asset management industry, which includes hedge funds, private equity funds and mutual fund companies, has been tough. Still, the performance of the asset management industry has been robust. Our analysts have issued a technical analysis on Bank of New York Mellon Corporation (NYSE: BK), which is...
New Coalition for Fiscal and National Security Chaired by Former Chairman of the Joint Chiefs of Staff Admiral Michael Mullen NEW YORK, Nov. 30, 2012 /PRNewswire-USNewswire/ -- As the nation edges closer to the fiscal cliff, a group of distinguished defense, economic and foreign policy leaders will issue an urgent call to address the U.S. fiscal situation, identifying it as "the single greatest threat to our national security." The new group, the Coalition for Fiscal and National...
ORLANDO, Fla., Nov. 20, 2012 /PRNewswire/ -- SeaWorld Parks & Entertainment, the Orlando-based owner of 10 U.S. theme parks, has acquired Knott's Soak City -- San Diego, a standalone Southern California waterpark, from Cedar Fair Entertainment Company. (Photo: http://photos.prnewswire.com/prnh/20121120/FL17216-a ) (Photo: http://photos.prnewswire.com/prnh/20121120/FL17216-b )(Logo: http://photos.prnewswire.com/prnh/20091201/FL19045LOGO ) The park, located just...
NEW YORK, Oct. 8, 2012 /PRNewswire/ -- Sandell Asset Management Corp., owner of approximately 7.0% of TPC Group Inc. (Nasdaq: TPCG), announced today that the $44-46 bid for TPCG received from Innospec Inc. and Blackstone Capital Partners confirmed its view that the existing $40 transaction with First Reserve Corporation and SK Capital Partners was grossly inadequate and that there was significant untapped strategic and financial buyer interest in the company. "We are pleased that...
LIVONIA, Mich., Aug. 22, 2012 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW) is scheduled to present at the 2012 Credit Suisse Automotive and Transportation Conference in New York, New York on Wednesday, September 5, 2012. The presentation, which will be simultaneously webcast, is scheduled to begin at 8:30 a.m. (Eastern Time), and is expected to run for approximately forty minutes. During the presentation, TRW's chairman of the board and chief executive officer, John C....
