Friday, June 22, 2007

Shares set for weak start; eyes on Blackstone

(Reuters) - Investor focus is likely to be on private equity group Blackstone , which makes its debut on the New York Stock Exchange after its initial public offering at $31 a share valued it at $33.48 billion and marked a watershed for the booming private equity industry.




"The Street is talking of an opening $2 to $3 higher, and it's clear that those who got in early will make money," Steve Previs of Jefferies International said.


Read more at Reuters.com Business News

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