Blackstone Selling 22% Stake In Bellagio Las Vegas
Portfolio Pulse from Charles Gross
Blackstone Group Inc. is selling a 22% stake in Bellagio Las Vegas, according to the Wall Street Journal.

August 25, 2023 | 11:32 am
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Blackstone Group Inc. is selling a 22% stake in Bellagio Las Vegas. This could potentially impact the company's assets and equity.
The sale of a 22% stake in Bellagio Las Vegas by Blackstone Group Inc. could potentially impact the company's assets and equity. However, the short-term impact on the stock price is uncertain without additional information on the terms of the deal and the use of proceeds.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100