RE Rumor Mill: Blackstone, Microsoft, Greenland

Law360, New York (August 08, 2014, 7:11 PM ET) -- The Blackstone Group LP is eyeing a possible $1 billion initial public offering of its warehouse and industrial property arm, the Wall Street Journal reported, citing sources with knowledge of the matter. Blackstone could take its IndCor Properties Inc. public by the end of this year at a valuation exceeding $8 billion, the journal said, citing sources.

Microsoft Corp. is in discussions to lease space at 677 Fifth Ave. in New York, the New York Daily News reported, citing sources with knowledge of the company’s negotiations....
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