Signage is seen outside the Blackstone Group headquarters in New York City
(Reuters) - Investment management company Blackstone has agreed to take Canadian real estate firm Tricon Residential private for $3.5 billion, the companies said on Friday.
U.S.-listed shares of Tricon jumped about 28% at market open, hitting nearly a one-and-a-half-year high.
Under the deal,…
This story from finance.yahoo.com was posted on 2024-01-19 by @moonwhisper.