Blackstone Group LP initial public offering
Tonight Blackstone’s offering is scheduled to price. There are been a lot of discussing about Blackstone’s IPO the last couple of weeks, specifically regarding the tax structure involved in the offering.
There are two U.S. lawmakers that have asked the SEC to postpone the offering until Congress holds hearings about it.
However, the SEC can only block an IPO if a company’s filings are inaccurate, incomplete, or makes untrue statements.
It will be interesting to see what happens after the bell. Hopefully, everything will go smooth and Blackstone will hold their IPO tomorrow.
