/ Source: The Associated Press
The private equity firm Blackstone Group could file for a initial public stock offering within two weeks, according to a report Friday on the cable TV network CNBC.
New York-based Blackstone, which is often known for taking companies private, is considering whether to sell stock in an IPO that would be led by the investment firm Goldman Sachs, the report said.
The final decision likely rests with co-founder and CEO Stephen Schwarzman, the CNBC report said. It said Blackstone’s worth has been estimated to be more than $20 billion. A spokeswoman for Blackstone declined to comment Friday. A spokesman for Goldman Sachs also declined to comment.