News
BX
123.78
-0.43%
-0.53
BLACKSTONE CREDIT AND INSURANCE APPOINTS DAN LEITER AS HEAD OF INTERNATIONAL
Reuters · 2h ago
Blackstone to acquire Tropical Smoothie Cafe restaurant chain
MarketWatch · 2h ago
Blackstone in Deal to Acquire Franchiser Tropical Smoothie Cafe
Blackstone said it is acquiring Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states. The private-equity company is paying nearly $2 billion for the company. The Wall Street Journal reported the deal. Blackstone didn't disclose financial details of the agreement.
Dow Jones · 2h ago
Blackstone Agrees To Acquire Tropical Smoothie Cafe From Levine Leichtman Capital Partners; Terms Not Disclosed
Benzinga · 3h ago
LEVINE LEICHTMAN CAPITAL PARTNERS- ENTERED INTO AGREEMENT TO SELL PORTFOLIO COMPANY TSC INTERMEDIATE INC TO PRIVATE EQUITY FUNDS MANAGED BY BLACKSTONE
Reuters · 3h ago
*Blackstone: Terms Not Disclosed
Dow Jones · 3h ago
*Blackstone Confirms Deal to Buy Tropical Smoothie Cafe From Levine Leichtman
Dow Jones · 3h ago
BLACKSTONE INC - TERMS OF TRANSACTION WERE NOT DISCLOSED
Reuters · 3h ago
*Blackstone To Acquire Tropical Smoothie Cafe To Propel Leading Franchisor's Continued Expansion >BX
Dow Jones · 3h ago
UPDATE 2-IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud. Software has been a bright spot for IBM as consulting business struggles. IBM's software business grew 5.5% in the first quarter. The company separately reported first-quarter revenue marginally below estimates.
Reuters · 4h ago
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software to tap into an AI-powered boom in demand. Software has been a bright spot for IBM as its consulting business grapples with higher interest rates. IBM will pay $35 per share for the company.
Reuters · 4h ago
Blackstone looking to buy Tropical Smoothie Cafe
Blackstone is reportedly buying Tropical Smoothie Cafe for $2B including debt. The deal is expected to be announced Thursday. The Atlanta-based company has over 1,400 operations in 44 U.S. States. Blackstone is looking to buy the company in a major M&A deal.
Seeking Alpha · 4h ago
Notable Wednesday Option Activity: BX, ATKR, LULU
NASDAQ · 5h ago
UPDATE 3-Blackstone to buy restaurant chain Tropical Smoothie
Blackstone agrees to buy restaurant chain Tropical Smoothie Cafe in a deal valued at $2 billion. The Atlanta-based company operates over 1,400 locations in 44 states. The company began operating as a single location on a beach in Destin, Florida. Blackstone did not disclose terms of the deal.
Reuters · 5h ago
BLACKSTONE TO BUY FRANCHISER TROPICAL SMOOTHIE CAFE FOR AROUND $2 BLN - WSJ
Reuters · 5h ago
**Blackstone to Buy Tropical Smoothie Cafe, Sources Say
The Wall Street Journal · 5h ago
**Deal Values Smoothie Franchisor at Nearly $2B Including Debt, Sources Say
The Wall Street Journal · 5h ago
Blackstone to Buy Franchiser Tropical Smoothie Cafe
Blackstone is buying restaurant franchiser Tropical Smoothie Cafe. The firm is paying nearly $2 billion, including debt, for the company. Based in Atlanta, the company has over 1,400 locations in 44 states across the U.S. Blackstone has a long history of investing in franchise businesses.
The Wall Street Journal · 5h ago
Blackstone Price Target Raised to $135.00/Share From $133.00 by Argus Research
Dow Jones · 6h ago
Blackstone Is Maintained at Buy by Argus Research
Dow Jones · 6h ago
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About BX
Blackstone Inc. is an alternative asset manager. The Company’s asset management business includes investment vehicles, which is focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, and secondary funds. The Company operates through four segments: Real Estate, Private Equity, Credit & Insurance, and Hedge Fund Solutions. Its Blackstone Real Estate Partners (BREP) business makes investments in logistics, office, rental housing, hospitality, and retail properties, as well as in a variety of real estate operating companies. The Private Equity segment includes Blackstone Capital Partners, Blackstone Energy Transition Partners, Blackstone Capital Partners Asia, and Blackstone Core Equity Partners. The Credit & Insurance segment includes Blackstone Credit and Blackstone Insurance Solutions (BIS). The Hedge Fund Solutions segment includes Blackstone Alternative Asset Management and GP Stakes businesses.