Blackstone's Purchase Of Alliance Data In Jeopardy

January 28, 2008 10:52 AM |

The $6.4 billion purchase of Alliance Data Systems Corp. (NYSE: ADS) by the Blackstone Group (NYSE: BX) may be in jeopardy due to Blackstone's inability to meet certain conditions set by the Office of the Comptroller of the Currency.  Shares of Alliance Data plummeted $23.12 to close at $42.48 while Blackstone stock eased 21 cents to close at $19.15.

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