Previous close | 124.31 |
Open | 123.95 |
Bid | 123.05 x 900 |
Ask | 123.78 x 1000 |
Day's range | 122.56 - 124.81 |
52-week range | 79.92 - 133.56 |
Volume | |
Avg. volume | 3,737,724 |
Market cap | 150.729B |
Beta (5Y monthly) | 1.49 |
PE ratio (TTM) | 67.27 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3.36 (2.70%) |
Ex-dividend date | 26 Apr 2024 |
1y target est | N/A |
(Bloomberg) -- Blackstone Inc. is hiring a senior executive from Morgan Stanley to become head of international in its newly formed credit and insurance division.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapMeta Projects Higher Spending in Deeper Push Into AIBiden’s New Chopper Is Demoted After Scorching White House LawnDan
Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal that a source said valued the restaurant chain at $2 billion. The Atlanta-based company began operating as a single location on a beach in Destin, Florida, and now operates over 1,400 locations in 44 states. Reuters had reported in December, citing sources, that Levine Leichtman Capital Partners, the private equity owner of Tropical Smoothie, was preparing to put the chain up for sale for around $2 billion.
The Atlanta-based company began operating as a single location on a beach in Destin, Florida, and now operates over 1,400 locations in 44 states. Reuters had reported in December, citing sources, that Levine Leichtman Capital Partners, the private equity owner of Tropical Smoothie, was preparing to put the chain up for sale for around $2 billion. Blackstone did not disclose terms of the deal, which marked its latest investment in a franchise business.