Sunday, June 17, 2007

Blackstone says tax changes could hurt value

Blackstone says tax changes could hurt value (Reuters)

Blackstone Group Chairman and CEO Steven Schwarzman in an undated photo. Blackstone, which is preparing to go public later this month, said on Friday that proposed Senate legislation on the taxation of private equity firms could materially reduce earnings and lower the partnership's value. (Handout/Reuters)Reuters - Blackstone Group LP , which is preparing to go public later this month, said on Friday that proposed U.S. Senate legislation on the taxation of private equity firms could materially reduce earnings and lower the partnership's value.


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)