Friday, July 13, 2007

Blackstone partners may avoid tax on IPO gain

(Reuters) - The company expects these benefits to total $863.7 million over 15 years, the filing said.




The New York Times, which first reported the plan on Friday, said Blackstone partners will get back about $200 million more than the $553 million they paid in tax payments. The Times did not explain how it arrived at those calculations.


Read more at Reuters.com Government Filings News

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