Feb 23, 2024, 4:00 PM EDT
Blackstone will shell out $11 per share to acquire Rover and turn the pet care services platform back into a private company, according to a Wednesday press release.
Billionaire Blackstone CEO Stephen Schwarzman said this week employees slack off when working from home, arguing they "profit" from working remotely.
The portfolio includes nearly 14 million square feet in about 70 properties in Atlanta, California, Dallas, south Florida and the Washington, D.C., and New York regions.
Major private equity firms including Apollo and Blackstone are struggling to fundraise as easy money dries up and REITs begin to crumble.
Blackstone Inc. is investing as much as $250 million in U.K. biotechnology company Autolus Therapeutics PLC to fund the final stages of development of a new therapy to treat a serious form of leukemia, the companies said.
Blackstone Inc. is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.
Blackstone Real Estate Income Trust has entered into an agreement to acquire Home Partners of America (HPA). The deal values HPA, which owns a portfolio of over 17,000 single-family homes which are offered to tenants to rent out and eventually purchase, at $6 billion.
A settlement reached between O.J. Simpson and The Cosmopolitan hotel of Las Vegas must go to the family of Ron Goldman, the man who was murdered along with Simpson’s ex-wife in Los Angeles in 1994, a court has ruled.
Oprah-backed Oatly, the oat milk food brand that catapulted to stardom following its bizarre Super Bowl ad, formally filed paperwork Monday for an initial public offering.