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Reuters: Blackstone says tough conditions hit results

Started by chris, March 10, 2008, 03:01:03 PM

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chris

Blackstone says tough conditions hit results
      


NEW YORK (Reuters) - Private equity and real estate company Blackstone Group LP  posted lower-than-expected quarterly results on Monday, citing tough market conditions and a write-down of bond insurer FGIC, and said it did not know when business would improve.
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