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Reuters: Blackstone posts loss, shares slide

Started by chris, November 06, 2008, 09:59:14 PM

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chris

Blackstone posts loss, shares slide
      


NEW YORK (Reuters) - Private-equity company Blackstone Group LP  on Thursday reported a $509 million third-quarter loss and said it had cut the value of a number of the companies in its portfolio as equity markets tumbled.</p><div class="feedflare">
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