The following corporate finance-related stories were reported by media:* A group led by Canadian property investor Ivanhoe Cambridge has clinched a deal to purchase a Manhattan office tower for $2.25 billion from Blackstone Group LP, the Wall Street Journal reported, citing people familiar with the terms of the sale.
The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 0.5% or $0.16/share to $32.02. In the past year, the shares have traded as low as $26.15 and as high as $36.08. On average, 4766620 shares of BX exchange hands on a given day and today's volume is recorded at 3330602.
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