Blackstone Makes A Pair Of High-Profile Moves Into Motion Pictures

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Private equity giant Blackstone Group just booked a blockbuster double-feature of moves in the movie industry.

Across the pond, the group will be building a massive film studio in the just-north-of-London town of Hertfordshire. Meanwhile, in Hollywood, Blackstone finalized terms to purchase Hello Sunshine, the female-centric production company co-founded by Reese Witherspoon.

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Source Fool.com