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Stock Market & Financial Investment News

News Breaks
June 17, 2014
11:33 EDTARESAres Management to acquire BlackBush Oil
Ares Management announced that its Private Equity Group has signed definitive agreements to acquire BlackBrush Oil from EIG Management and Tailwater Capital on behalf of their respective managed funds. With new capital provided in conjunction with the transaction, BlackBrush plans to further develop its more than 160K net acre position. The transaction is expected to close in 3Q14 and is subject to customary closing conditions. BlackBrush will continue to be led by its co-founder and CEO, Scott Martin. Co-founder Phil Mezey will also remain involved as an advisor to BlackBrush.
News For ARES From The Last 14 Days
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June 30, 2015
08:06 EDTARESAres EIF sells Keys Energy Center to PSEG Power
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06:18 EDTARESSumitomo Mitsui close to deal to buy GE's European PE finance unit, WSJ reports
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June 25, 2015
14:27 EDTARESCapital One, Apollo, Ares, Ventas bid for GE healthcare lender, Bloomberg says
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