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river, c.50 mi (80 km) long, rising near Worcester, Mass., and flowing SE to Narragansett Bay at Providence, R.I. The river's clean water was a major factor in the early development of the area's textile industry. The entire river valley comprises the Blackstone River Valley National Heritage Corridor, an important site in the American Industrial Revolution.
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Chinh Chu, Senior Managing Director of The Blackstone Group, said: "A core strength of PTS is the experienced management team led by CEO John Lowry.
The Company had access to several financing options, including an IPO; but we decided to go with Blackstone because we believe that at this stage of our growth we have an opportunity to create significant value by leveraging Blackstone's outstanding experience and track record in the global media sector.
In conjunction with the increased cash purchase price, the termination fee of $200 million payable to Blackstone under certain circumstances has been increased to $500 million.
Blackstone will seek to invest in leading companies across industries in both emerging and developed economies throughout the region.
Hutchison, RTI's chairman, president and chief executive officer, added, "We are very excited to have the opportunity to work with Blackstone, which is highly regarded for its well engineered and innovative product designs.
Blackstone (NYSE: BX) priced its offering of USD 300,000,000 million of 3.
Simpson Thacher recently advised Blackstone on the issuance and sale by Blackstone Holdings Finance Co.
Blackstone (NYSE: BX) has announced that it is planning to offer, subject to market and other conditions, euro-denominated senior notes of Blackstone Holdings Finance Co.
WOONSOCKET -- Grab your helmets and bikes, and get in gear -- it's time for the Blackstone Heritage Corridor, Inc.
The Blackstone Group said it will "establish its first regional Renminbi denominated private equity fund in the ShanghaiPudong New Area - the Blackstone Zhonghua Development Investment Fund.
Schwarzman, Chairman and Chief Executive Officer of Blackstone, said: "The combination of GSO's businesses with our existing corporate debt operations will produce one of the largest credit platforms in the alternative asset management business, with over $21 billion of total assets under management.
has acquired Blackstone Press, the publisher of professional, student and vocational books for the legal market, from BPP plc.

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