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 NEW YORK (AP) - Blackstone Group LP debuts Friday on the New York Stock Exchange in the most talked-about IPO to sweep Wall Street since Google.
The path to the public market was not an easy one, though. It had to dodge multiple attempts by powerful members of Congress to delay or block the deal amid heavy scrutiny of the lavish lifestyles of top executives.
The New York-based buyout shop, which controls names like Universal Studios Florida and real estate powerhouse Equity Office Properties Trust, finalized terms late Thursday that value the newly public company at $33 billion.
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