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EQT Announces Common Stock Offering To Finance $407 Million Purchase Of Assets
Tuesday, May 3, 2016 - 10:12am | 226Shares of EQT Corporation (NYSE: EQT) were trading lower by 3 percent early Tuesday morning after the company announced a pricing of up-sized common stock offering to finance the purchase of certain assets from Statoil. EQT has agreed to acquire from Statoil ASA(ADR) (NYSE: STO) some of its...
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Blackstone Just Bet On This Red Hot REIT Sector (Hint: It Centers On Apartments)
Wednesday, January 21, 2015 - 5:24pm | 855The traditional multifamily apartment business is booming in the U.S., however the nascent single-family rental business, (spawned by the slide in home prices due to the Great Recession), did not reward investors in 2014. The Blackstone Group L.P. (NYSE: BX) is a major player in both U.S....