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Blackstone Acquires Stake in Tangerine Confectionery
Tuesday, July 5, 2011 - 8:25am | 243Private equity firm Blackstone Group (NYSE: BX) has agreed to purchase a 40% stake in Tangerine Confectionery from Growth Capital Partners. The value of the deal was not disclosed. Blackpool-based Tangerine is the largest independent manufacturer of sugar confectionery and popcorn in the United...