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PBF Energy Inc. Message Board

  • sam_0534 sam_0534 Jul 18, 2013 1:12 PM Flag

    BX has made good money on PBF

    Blackstone took advantage of strong capital markets to exit more of its investments.
    At the end of the quarter, SeaWorld Entertainment Inc (SEAS:$38.04,00$-0.26,00-0.68%) , which completed a $702 million initial public offering in April, was valued at three times Blackstone's investment. Also, Blackstone sold shares in PBF Energy Inc, Travelport Ltd and TV ratings company Nielsen Holdings NV at an average valuation of 2.6 times its investment.

    Sentiment: Strong Buy

24.24+0.46(+1.93%)12:32 PMEDT