(Reuters) - The SEC is under pressure from leaders of the Senate
Finance Committee, House Financial Services Committee and the
AFL-CIO who say Blackstone's IPO has the potential to
jeopardize the integrity of the federal tax code and the
corporate tax base.
Blackstone is one of the country's largest private equity
firms. The company is expected to price its IPO on Thursday,
according to underwriter Morgan Stanley, with common units at
$29 to $31 each for proceeds as high as $4.13 billion.
Read more at Reuters.com Government Filings News
Finance Committee, House Financial Services Committee and the
AFL-CIO who say Blackstone's IPO has the potential to
jeopardize the integrity of the federal tax code and the
corporate tax base.
Blackstone is one of the country's largest private equity
firms. The company is expected to price its IPO on Thursday,
according to underwriter Morgan Stanley, with common units at
$29 to $31 each for proceeds as high as $4.13 billion.
Read more at Reuters.com Government Filings News
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