Saturday, June 16, 2007

Blackstone may have to cut range for IPO

(Reuters) - Those investors expect this week's events to cut the price guidance anywhere from 2 percent to 6 percent.




The questions come a day after two U.S. senators proposed legislation that could boost the top tax rate for private equity firms that go public by more than 100 percent, to 35 percent from 15 percent.


Read more at Reuters.com Business News

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