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Peter Peterson, Blackstone Co-Founder, Dies At 91

Retrieved on: 2018-03-20 03:02:20

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<div>One big mistake was selling an affiliate, <b>BlackRock Inc</b>., to PNC in 1995. BlackRock by 2017 had more than $6 trillion under management. When Blackstone went public in June 2007, Mr. Peterson netted more than $1 billion after taxes. He didn't want a Ferrari or even a new briefcase but did buy a Fifth ...</div>

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