BlackRock’s $12.5B acquisition of Global Infrastructure Partners wins praise

BlackRock’s $12.5B acquisition of Global Infrastructure Partners wins praise

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BlackRock Inc.’s plan to buy major private-equity firm Global Infrastructure Partners for $12.5 billion will help the asset-management giant’s stock reach the $1,000 mark, TD Cowen analyst Bill Katz said in a fresh upgrade of the stock. Katz said Tuesday he sees a “pathway toward $1,000” for…

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