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Blackstone share jump after Reuters first with dividend news

Blackstone share jump after Reuters first with dividend news

Reuters was 90 minutes ahead of Bloomberg May 6 in alerting that private equity firm Blackstone was confident it would be able to pay its full 2009 dividend. Reuters asked the question and headlined the reply from the media call while Bloomberg waited until the analysts’ call to snap a repeat of the question. By then, the stock was already up about 10 percent.

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