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Blackstone's Graham Packaging Goes for an IPO

Posted Dec 24th 2009 9:00AM by Tom Taulli (RSS feed)
Filed under: Blackstone Group L.P (BX)

With assets of over $96 billion, the Blackstone Group (BX) needs to get liquid on many deals to generate competitive returns for its investors. This means being aggressive with IPOs. In fact, it looks like 2010 will be fairly active for the private-equity powerhouse.

The latest deal from Blackstone? Well, this week the firm put together an IPO filing for Graham Packaging Co. The estimated size of the proposed deal is $350 million.

Continue reading Blackstone's Graham Packaging Goes for an IPO

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