Blackstone reports $1.33B loss (Dealscape

Blackstone Group LP reported depleted earnings on Friday, saying it will not deliver a distribution to public shareholders in the fourth quarter.

The New York buyout firm was hit with a $1.33 billion loss in economic net income last year, a drastic drop from the positive $2.12 billion generated in 2007.

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NOT A SUBSCRIBER? Blackstone reports $1.33B loss Posted on February 27, 2009 10:34 AM Blackstone Group LP reported depleted earnings on Friday, saying it will not deliver a distribution to public shareholders in the fourth quarter. The New York buyout firm was hit with a $1.33 billion loss in economic net income last year, a drastic drop from the positive $2.12 billion generated in 2007. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 3,682 articles related to Blackstone Group LP 330 in-depth records of Bankruptcies in the Financial Services sector 33 articles related to Steve Schwarzman 24 company pages related to Blackstone 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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