- Through its GSO Capital Partners, Blackstone (BX) has already realized more than $100M in profits trading the debt of TXU Corp, i.e., Energy Future, and the P-E firm stands to make even more when its holdings get converted to equity under the utility's restructuring plan. Additionally, Blackstone bankers are chalking up fees advising other P-E firms which own stakes in Energy Future.
- In 2007, Blackstone was less than pleased at not being invited to consider being part of the takeover group, which included rivals KKR, TPG, and Goldman Sachs Capital Partners.
From other sites
at CNBC.com (Jun 3, 2015)
at CNBC.com (Jun 2, 2015)
at CNBC.com (May 22, 2015)
at CNBC.com (Apr 8, 2015)
at CNBC.com (Jan 21, 2015)
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