The $3.5 billion deal came a day after Allstate said it would sell its life insurance business to private-equity giant Blackstone for $2.8 billion.
The Blackstone-backed company will go public by merging with blank check company Replay Acquisition.
The acquisition of dating app startup MagicLab fits Blackstone's push to invest in companies with robust growth profiles.
The private equity giant's structural change will allow more investors to buy its stock.
Sotirios “Sam” Zaharis and two other former Constellation Healthcare execs allegedly duped investor Chinh Chu into acquiring the company for $309 million.
Fredrik Eliasson leaves a long career in the railroad business to take over finance in the health-care technology field.
Twenty CFOs who have career-defining tests ahead.
'The market tantrum in the first part of the year resulted in lots of dislocation,' said CEO Stephen Schwarzman.
The $23.75-per-share deal gives Blackstone access to office buildings that cater to life science tenants in major markets.
The settlement with the SEC is the second stemming from the agency's increased authority over the private equity industry.
The company has performed excellently in recent years, but the success hasn't come easily.
Blackstone, Serta Simmons, AssetAvenue, FARO Technologies, Tutor Perini, PAR Technology, Nuance Communications, Key Tronic, Penhall, Select Energy
