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Why Blackstone Stock Stumbled Today

The Motley Fool
Summary
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66% Informative

A media report claimed that the company is mulling a big-ticket sale of a business it owns.

A divestment could bring in proceeds of almost $3 billion , according to the report's sources.

Reuters published an article stating that Blackstone is pushing forward with plans to sell off Sphera .

The tech company specializes in sustainability and risk management software.