Thursday, June 21, 2007

Blackstone CEO to pocket $7.74 bln from IPO

(Reuters) - Schwarzman, who co-founded the firm 22 years ago, will also
get a one-time payout of up to $677.2 million.




Senior Chairman and co-founder Peter Peterson's stake was
valued at $1.35 billion, based on the offering's price.


Read more at Reuters.com Mergers News

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