Blackstone affiliates to buy International Market Centers

Blackstone affiliates to buy International Market Centers

International Market Centers Inc., the owner and operator of the High Point and Las Vegas home furnishings markets, is being sold to a real-estate firm associated with New York-based private equity firm Blackstone for an undisclosed price. The deal, slated to close in the third quarter, comes more than a year after current owners Bain Capital Private Equity and Oaktree Capital Management withdrew a request to launch an initial public offering of IMC.

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