The Blackstone Group : Franchise Herald

The Blackstone Group

The Blackstone Group

Blackstone to Acquire BioMed Realty for about $8 Billion, Believes in Long-Term Potential of Sector

The Blackstone Group will be acquiring BioMed Realty Trust, Inc. for $23.75 per share in an all-cash transaction that is valued at $8 billion, according to a press release issued by BioMed Realty. Blackstone believes in the long-term potential of the realty business sector that caters to tenants of life sciences industry.

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