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The purchase price represents a premium of 34% to Retail Opportunity Investments’ closing share price on July 29, the last trading day prior to news reports of a potential sale.
Blackstone acquired the premium hotel operator for approximately $26 billion, representing a 25% premium to Hilton's all-time high stock price. The Hilton deal, announced on July 3, 2007, is often referred to as the deal that marked the "high water mark" and the beginning of the end of the multi-year boom in leveraged buyouts.
Get breaking Business News and the latest corporate happenings from AOL. ... -U.S. private equity firm Bain Capital is set to raise its offer price for Japan's Fuji Soft to 9,600 yen ($63.35) per ...
Blackstone will use cash to fund the deal, which values BRG shares at $24.25 apiece. That’s a roughly 57% premium over the stock’s closing price on Friday. As part of the agreement, Blackstone ...
The most expensive stock, easily the most highly priced stock for consumers today, are Berkshire Hathaway (NYSE: BRK.A) shares. This stock closed at $70 9,700 per share on Nov. 21.
Yahoo Finance Live checks out shares of the Blackstone Group after announcing limits to withdrawals from real estate funds.
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