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Blackstone I.P.O. In June


The Blackstone Groups much-awaited initial public offering is set for the week of June 25, underwriters said.

The final date for the offering is still to be set, but it will be scheduled for early that week, several underwriters said. The company has been approved to list its shares on the New York Stock Exchange under the symbol BX.

Blackstone is offering 133.3 million common units at $29 to $31 each, for proceeds of $3.87 billion to $4.13 billion.

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