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Blackstone Denies Rumors of Rio Tinto Bid.


LONDON & NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Following an article entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 "Blackstone Planning Break-up Bid for Rio", in today's Daily Telegraph, The Blackstone Group Blackstone Group L.P. (NYSE: BX) is a prominent private equity and investment management firm founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. The company is based in New York City, in River House on Park Avenue at Fifty-first Street, with offices in Atlanta,  (BX: NYSE NYSE

See: New York Stock Exchange
) has consulted with the U.K. Takeover Panel and told them that there is no truth to this story. Blackstone can also confirm today that it is not involved in this transaction in either an investment or advisory role. The Panel Executive has confirmed that this is not a statement to which Rule 2.8 of the Takeover Code applies.
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Publication:Business Wire
Date:Dec 10, 2007
Words:82
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