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Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report

Blackstone is set to grant equity to employees at its U.S. buyout companies, expanding ownership beyond management. Announced at an investor conference, this plan covers new acquisitions and starts with the 18,000 employees of Copeland. To qualify, employees must stay until Blackstone sells or goes public. This initiative follows industry trends promoting broader employee ownership.

AIEQ