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The Wire

AB-Inbev completes sale of parks for $2.3B-plus

Anheuser-Busch InBev has competed the sale of its 10 theme parks, including the three SeaWorlds and two Busch Gardens, to private equity firm Blackstone Group for at least $2.3 billion.

Correction: Blackstone investment story

In a Nov. 16 story about the U.S. holdings of private equity firm Blackstone Group, The Associated Press erroneously reported the type of securities the company purchased related to Southwest Airlines.

Blackstone Group buys Southwest Airlines shares

Private equity firm Blackstone Group, run by co-founder Stephen Schwarzman, bought a $7.8 million stake in Southwest Airlines Co., cut its stake in Eastman Kodak Co. and sold its holdings in Calpine Corp. during the latest quarter.

Blackstone CEO sees brighter future for dealmaking

The head of private equity giant Blackstone Group said Wednesday the industry's worst days have passed as he confirmed plans to cash in on up to eight of the firm's companies "in the near future."

AB-InBev sells off theme parks for $2.7 billion

Anheuser-Busch InBev SA, the world's largest brewer, said Thursday that it will raise $2.7 billion from selling its U.S. theme parks to the Blackstone Group.

AB-InBev sells off theme parks

Anheuser-Busch InBev says it will sell its U.S. theme parks to the Blackstone Group for $2.7 billion.

Private investors buy Busch theme parks for $2.3B

Shamu, meet your new parents. Anheuser-Busch InBev said Wednesday it will sell its 10 theme parks across the country, including the three SeaWorlds and two Busch Gardens, to private equity firm Blackstone Group for at least $2.3 billion.

Report says Blackstone closer on ABInBev deal

A media report says a private equity firm Blackstone Group is closing in on a deal to buy Anheuser-Busch InBev's theme parks such as SeaWorld and Busch Gardens.

Report: Blackstone Group may buy AB InBev's parks

Private equity firm Blackstone Group is looking into buying Anheuser-Busch InBev's theme parks, including its three SeaWorld venues and two Busch Gardens, according to a media report Wednesday.

Blackstone loss widens in 2Q on acquisition charge

Private equity firm Blackstone Group LP posted a wider second-quarter loss Thursday, in part because of acquisition-related charges.

Earnings roundup: Blackstone Group, Foster Wheeler

Among the earnings stories for Wednesday, May 6, from AP Financial News:

Blackstone Group's 1st-quarter loss narrows

Private equity firm Blackstone Group LP said Wednesday its first-quarter loss narrowed as management and advisory fees increased.

Blackstone Group's 4Q loss widens to $415.2M

Private equity firm Blackstone Group LP said Friday it continued to lose money during the fourth-quarter as the ongoing credit crisis — which the company's chief operating officer called a "depression" — hurt the value of its investments.

Treasurys Rise; Stocks Fall on Earnings

Long-term Treasury prices rallied Monday as stocks came under pressure from yet another record-smashing new oil price high and continued nervousness in the credit markets.

Blackstone Posts 4Q Loss of $170 Million

Private equity firm Blackstone Group LP said Monday it swung to a loss during the fourth quarter due to a write-down on its investment in bond insurer Financial Guaranty Insurance Co. and deterioration in the credit markets.

Blackstone Sued Over Buyout Collapse

Takeover target Alliance Data Systems Corp. said Wednesday it has sued affiliates of The Blackstone Group over the collapse in recent days of its agreement to buy Alliance Data.

Performance Food Agrees to $1.3B Buyout

Food distributor Performance Food Group Co. said Friday it agreed to be acquired for about $1.3 billion by an affiliate of private equity firm Blackstone Group and Wellspring Capital Management, a private investment company.

The Vine
Blackstone Agrees to Acquire Apria Healthcare for $1.6 Billion
Source: Bloomberg.com

Blackstone Group LP, the manager of the world's largest buyout fund, agreed to buy Apria Healthcare Group Inc. for $1.6 billion, the Lake Forest, California-based home health-care company said.

Comptroller General Leaving for Love of Country
Source: The Washington Post

By Stephen Barr Monday, March 10, 2008The way the government pays and manages its people was not on David M. Walker's radar when he came to the Government Accountability Office more than nine years ago.

Tax Loopholes Sweeten a Deal for Blackstone
Source: The New York Times

The Blackstone Group, the big buyout firm, has devised a way for its partners to effectively avoid paying taxes on $3.7 billion, the bulk of what it raised last month from selling shares to the public.

China will buy stake in U.S. private equity firm
Source: The Seattle Times

China has agreed to acquire a $3 billion stake in U.S. private-equity firm Blackstone Group in a deal marking that country's long-anticipated move to expand how it invests its huge foreign-exchange reserve.

China to Buy $3 Billion Stake in Blackstone
Source: The New York Times

The Chinese government said today that it would acquire a $3 billion stake in the Blackstone Group, the private equity firm, in the country's first effort to diversify its $1.2 trillion in foreign-exchange reserves beyond United States Treasury bills and into commercial enterpr …

Blackstone files for a $40 billion float
Source: The Times

Blackstone Group, the world's biggest private equity group, last night filed to sell up to $4 billion of shares as part of a keenly awaited flotation set to value it at as much as $40 billion.

U.S. Navy moves to bring Littoral Combat Ship costs under control
Source: International Herald Tribune

New Mission. New Concept. New Ship. Same old crap when it comes to costs, timelines and (probably) performance, though. The LCS is a generation design to fight a new type of war (i.e.

Blackstone Group reportedly the frontrunner to buy Chrysler
Source: MarketWatch.com

Private-equity powerhouse Blackstone Group is now viewed as the leading contender to buy Chrysler Group, the troubled U.S.

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