Tuesday, June 26, 2007

UPDATE 2-Blackstone units fall below $31 IPO price

(Reuters) - NEW YORK, June 26 - Blackstone Group LP
units tumbled more than 6 percent in Tuesday morning trade,
falling below the $31 price the private equity giant fetched in
its initial public offering last week.




Analysts said the decline was partly due to investor worry
that the private equity market may have run out of steam.


Read more at Reuters.com Government Filings News

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