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Wall Street giants Blackstone and Citadel have reportedly held talks about a massive deal to combine their powers

Wall Street giants Blackstone and Citadel have reportedly held talks about a massive deal to combine their powers




Wall Street giants Blackstone Group and Citadel have reportedly held deal talks.




Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading business, according to a report in The Wall Street Journal.




While a deal isn't certain, it would represent a tie-up of two of the most preeminent names in investing.



Two of Wall Street's most legendary investment firms have reportedly discussed a deal to combine their powers.
Private-equity behemoth Blackstone Group has reportedly held talks to take in stake in Citadel, the Chicago-based hedge fund run by billionaire Ken Griffin, according to a report in The Wall Street Journal by Rachael Levy and Liz Hoffman.
Blackstone, which is helmed by billionaire Steve Schwarzman, has been sizing up an investment in Citadel's flagship fund as well as its separate market-making business, Citadel Securities, according to the report.
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