Blackstone sells its 95% stake in Shanghai mall - source
Blackstone Group LP is selling its 95% stake in a Shanghai mall to New World Development Co. for CNY1.46 billion, a source with direct knowledge of the matter said late Tuesday.
NEW YORK ― Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt.