TITLE

Dems target Blackstone IPO

AUTHOR(S)
Kaplan, Jonathan E.
PUB. DATE
June 2007
SOURCE
Hill;6/22/2007, Vol. 14 Issue 76, p4
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the move taken by Democratic lawmakers to delay the initial public offering (IPO) of the Blackstone Group in the U.S. The two democrats are Representatives Henry Waxman, Chairperson of the Government Oversight and Reform Committee and Dennis Kucinich. Both of them wanted to hold the IPO which is expected to raise more than $4 billion for Blackstone if shares reach $29 to $30. The lawmakers believed that it is harmful for small investors.
ACCESSION #
25581552

 

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