U.S. stocks end mixed as deal-making resumes

4:30 pm ET May 21, 2007

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U.S. stocks end mixed as deal-making resumes

NEW YORK
U.S. stocks closed mixed Monday, while the broad S&P 500 index briefly
touched a record level, as a sustained flow of deal making -- including
the $27.5 billion acquisition of mobile phone provider Alltel --
continued to fuel buying interest.

IPO Report: $4 billion Blackstone IPO set to debut in weeks

NEW YORK
The Blackstone Group on Monday signaled it's ready to debut its stock
within weeks as the marquee private equity firm set its estimated price
range in a bid to become the richest U.S. initial public offering in
years with about $4 billion in proceeds.