blackstone group

Jet Crash in Ukraine Spooks Investors

Markets were treading water until news broke that a Malaysia Airline jet had crashed in a part of Ukraine occupied by militant pro-Russian separatists.

Should You Check In to Hilton's IPO?

Hilton Worldwide Holdings brought the familiar brand back to the stock market with an IPO Wednesday. Should you book a stock purchase, or have reservations?

Blackstone-Owned SeaWorld Readies IPO

The theme park operator is going public, probably launching its IPO this month. SeaWorld will offer 20 million shares, expecting to price them between $24-27 apiece.

CBS Seeks Stake in TV Guide Network

A bidding war for Dell has broken out, pitting founder Michael Dell's plan against offers by Carl Icahn and Blackstone group. And CBS looks to buy half of TV Guide Network.

5 Winners and Losers of the Week in Business

As we come down to the wire for 2012, the pace of business blunders hasn't slowed. From an ill-timed streaming video outage to the ultimate dot-com oversight, here's our rundown of the most boneheaded episodes -- and a few brilliant moves -- from this week in the world of business.

SeaWorld Files to Go Public with $100 Million IPO

SeaWorld's owner, Blackstone Group LP, will likely sell some of its stake in the deal. But the private equity firm will still own a majority of the voting power of the company's shares after the IPO, the company said in a filing with the Securities and Exchange Commission.

Seneca Blasts Carl Icahn's Bid for Dynegy

Last week, power-plant operator Dynegy agreed to be acquired by top shareholder, Icahn Enterprises, for about $665 million. But Dynegy's second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it "the wrong price at the wrong time for the wrong reasons."

Icahn Enterprises to Buy Dynegy for $665 million

Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent failed bid from private equity giant The Blackstone Group.

Blackstone Earnings: Profits Rise, but Buyouts Fall

The recent stock market correction has been brutal for The Blackstone Group. Since mid-April, the firm's shares have gone from $15.25 to $10.58. On Thursday, though, Blackstone reported $205 million in profits for the second quarter, and shares were up around 4% late in the day.

Blackstone to Take Over Bank of America Asian Real Estate Fund

The real estate portfolio is worth around $2 billion, excluding debt. Blackstone will help unwind the portfolio and will not acquire any assets from it. The real estate portfolio is worth around $2 billion, excluding debt. , The Financial Times reported. Blackstone will help unwind the portfolio and will not acquire any assets from it.

KKR's Founders Made Only $22 Million in 2009

As private-equity giant KKR moves at last toward completing its own IPO, it is opening up its internal finances to the SEC. One of the more interesting items: How little its two billionaire founders, cousins Henry Kravis and George Roberts, earned from the business last year.

Markets Hammer Tenet over Healthscope Talks

A new suitor may be entering the bidding war for Healthscope, the second-largest private hospital chain in Australia: Tenet Healthcare. But going head to head with the private equity giants who have already

Boutique Firms Steal M&A Business from Big Banks

Investment banking's smaller fries are grabbing a bigger share of the lucrative mergers and acquisitions advisory business. Blackstone Group's ranking has moved up to 11th from 86th last year while Lazard has moved to sixth position. Watch out No. 1 Goldman Sachs.

Blackstone Pays $800 Million to Reduce Hilton Debt

The Blackstone Group paid $800 million to lenders in exchange for a $4 billion reduction of debt obligations connected to Hilton Hotel properties. The debt restructuring will likely reduce returns for investors, but it saves Blackstone's equity investment and prevents it from having to sell assets.

CEOs continue to rake in the cash

If your dwindling paycheck has you feeling a bit gloomy these days as you struggle to make ends meet, you can always take comfort in knowing that...

Mixed markets in Asia today

The biggest gains in the Asian markets were scored in Japan where the Nikkei moved up 2 percent today to close at 10,513, posting its largest one-day...