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Re: boston745 post# 21032

Saturday, 12/01/2018 5:05:20 PM

Saturday, December 01, 2018 5:05:20 PM

Post# of 41270
LOL at all the Lyons.

interesting to note I can't find evidence of Blackstone medical, a private company, being officially affiliated with The Blackstone Group L.P.

However.

2007-Blackstone, Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners acquired Biomet, a medical device manufacturer for $10.9 billion.



https://en.wikipedia.org/wiki/The_Blackstone_Group

2014-Zimmer Holdings agreed to acquire Biomet Inc. in a cash-and-stock deal valued at $13.35 billion



That's a healthy profit of est. 2.5 billion and possibly explains where blackstone group took a large ZBH position. provided this was 100% stock(it wasn't). They could have potentially turned this 2.5 billion into 3.6 playing the cards right on the ZBH ticker. However I think they are holding their ZBH position.
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