Friday February 10, 2012

Blackstone profit tops view; sees more deals ahead

NEW YORK (Reuters) – Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.

NEW YORK (Reuters) - Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.

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