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Blackstone to buy ACC for $12.8 billion

04/19/2022

Less than a minute

2022.04.19 15:32

Blackstone to buy ACC for $12.8 billion
FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) – Blackstone (NYSE:BX) Inc, the world’s biggest alternative asset manger, has agreed to buy American Campus (NYSE:ACC) Communities Inc for $12.8 billion including debt, the student housing company said on Tuesday.

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04/19/2022

Less than a minute