Blackstone Reports Second Quarter Results

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Description: NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today reported its second quarter 2013 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “In the second quarter, Blackstone doubled revenues and tripled earnings compared to a year ago, as good returns in every one of our businesses drove higher performance fees. Robust realizations allowed us to generate significant returns for our fund investors and higher distributable earnings for our unitholders. These past three qua
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