Blackstone Group (BX) To Acquire AlliedBarton Security Services

July 25, 2008 10:21 AM EDT

The Blackstone Group (NYSE: BX) announced a definitive agreement under which the private equity fund managed by The Blackstone Group will acquire AlliedBarton Security Services.

The transaction is expected to close in August subject to certain government approvals and other customary conditions.

Terms of the deal were not disclosed.[SM]


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