The deal would unite two of the biggest names in investing: billionaires Steve Schwarzman and Ken Griffin.
Wall Street giants Blackstone Group and Citadel have reportedly held deal talks. Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading business, according to a report in The Wall Street Journal. While a deal isn't certain, it would represent a tie-up of two of the most preeminent names in investing. Two of Wall Street's most legendary investment firms have reportedly discussed a deal to combine their powers.
Wall Street giants Blackstone Group and Citadel have reportedly held deal talks. Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading business, according to a report in The Wall Street Journal. While a deal isn't certain, it would represent a tie-up of two of the most preeminent names in investing. Two of Wall Street's most legendary investment firms have reportedly discussed a deal to combine their powers.
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