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Published on 22 May 2024 on Benzinga

Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report - Blackstone (NYSE:BX)


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Blackstone Inc. BX is reportedly initiating a plan to grant equity to the majority of employees at its U.S. buyout companies.

The decision will be announced at an investor conference this week and will apply to all new acquisitions where Blackstone's private-equity division takes control, reported The Wall Street Journal.

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