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...But either way, Blackstone has skipped a payment on a $274m hotel loan, DD’s Mark Vandevelde and Eric Platt reported last week, joining the ranks of leading real estate investors that have fallen behind...
...In one of the sector’s biggest takeovers for the past decade, Baker Hughes, the oilfield services provider, also revealed that it was buying rival BJ Services in a $5.5bn cash-and-stock deal....
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