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"We would much rather work with you guys than against you," Blackstone (BX) President Tony James...

"We would much rather work with you guys than against you," Blackstone (BX) President Tony James wrote to KKR co-founder George Roberts in an email. "Together we can be unstoppable but in opposition we can cost each other a lot of money," James wrote. "Agreed," replied Roberts. The exchange and other emails are evidence in a lawsuit against 10 firms alleging that they conspired to keep the cost of buyouts down.
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