Blackstone Pulls Out Of Pinnacle With $205M Offering

By Matthew Perlman (May 5, 2015, 3:14 PM EDT) -- Private equity firm Blackstone Group will sell its remaining shares of Pinnacle Foods Inc. with a secondary offering that could net the firm $204.6 million, according to a Monday filing with the U.S. Securities and Exchange Commission, marking the end of a long run with the packaged food manufacturer....

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