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Retrieved on: 2024-04-24 19:24:13
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Summary
Blackstone Inc. acquired Tropical Smoothie Cafe, a franchise originating from Destin, Florida, for $2 billion. Tropical Smoothie, known for juice bars and smoothies, strengthens Blackstone's portfolio, which includes other franchises like Servpro. Barclays advised on the transaction.
Article found on: www.investing.com
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