Blackstone Ponders Partial Stake Sale of Iconic Las Vegas' Bellagio Hotel
Blackstone Inc. (NYSE: BX) is reportedly considering offers to sell half of its interest in the real estate of the Bellagio Hotel in Las Vegas. Blackstone purchased the property almost four years ago for $4.25 billion, Bloomberg reported, citing anonymous sources with knowledge of the matter. The New York-based investment firm is just weighing options and hasn't committed to a divestiture. Also Read: Blackstone Injects $1B More Into Invenergy, Raising Total Stake To $4B To Propel Business Initia