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Monday, October 6, 2014

EU mergers and takeovers (Oct 6), (NYSE: BX)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- Private equity firm the Blackstone Group to acquire life insurer Lombard (approved Sept. 26)

The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 2.23% or $0.68/share to $31.20. In the past year, the shares have traded as low as $24.54 and as high as $36.08. On average, 4625060 shares of BX exchange hands on a given day and today's volume is recorded at 3166550.