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Report: Blackstone Going Public

Stock quotes in this article: FIG  

Private-equity giant Blackstone Group is set to go public, according to a report on CNBC Friday.

The firm is expected to file for an initial public offering within the next few weeks, the news channel said.

Blackstone is one of the biggest private equity firms in the world, and its IPO would come at a time when private equity firms have been taking out public companies at a rapid clip. Recently, Blackstone was involved in the $39 billion purchase of Equity Office Properties -- the biggest leveraged buyout in history. ...

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