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AvalonBay shares soar on buyout chatter

Shares of apartment real estate investment trust AvalonBay Communities Inc. rose 5 percent on Wednesday on rumors that Blackstone Group LP may be interested in buying the company, according to a trader and a Web site.

Tishman, Lehman to Buy Archstone-Smith for $22.2 Billion

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Real Estate investment trust Archstone-Smith said on Tuesday that it agreed to be acquired by a partnership between Tishman Speyer Properties LP and Lehman Brothers Holdings Inc. for about $22.2 billion, including debt and transaction costs.
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Blackstone Files for $4 Billion IPO

Coming on the heels of the first U.S. hedge fund to go public, private equity giant The Blackstone Group L.P announced Thursday that it has filed for an initial public offering which could raise up to $4 billion.
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Latin World Cup Fever May Mean Slower Business

Latin America's fixation with the football World Cup in the next month is likely to slow trade in the region but some wonder if it will be enough to dampen instability global markets.
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Dollar's Slide Seen a Spur for Big-cap Stocks

The U.S. dollar may be losing its luster, but stock investors aren't losing much sleep over its weakness. In fact, analysts say, its recent slide would make mega-cap industrial stocks such as Caterpillar Inc. and Boeing Co. more appealing.
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China bank: No Bear Stearns talks

China Construction Bank, one of the country's largest state banks, denied on Monday a newspaper report it is in early talks with Bear Stearns that could lead to its taking a minority stake in the Wall Street securities firm.
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Chinese bank denies in talks on Bear Stearns stake

China Construction Bank Corp., one of the country's largest state banks, denied a newspaper report on Monday that it is in early talks with Bear Stearns Cos. that could lead to it taking a minority stake in the Wall Street investment bank.

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