Blackstone Agrees to Buy IVG Subsidiary OfficeFirst

Private equity firm Blackstone Group LP on Tuesday agreed to buy the real-estate subsidiary of Germany's IVG Immobilien AG, in a surprise u-turn after two of IVG's hedge fund owners previously torpedoed a deal.

CBS Taps Moelis, Goldman to Advise on Possible Viacom Merger

CBS Corp. has retained banks Moelis & Co. and Goldman Sachs to advise the company on a possible merger with Viacom Inc., according to a person familiar with the situation.

(END) Dow Jones Newswires

November 08, 2016 05:15 ET (10:15 GMT)

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