Blackstone Acquires Diamonds Direct

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Blackstone (BX) Announces Acquisition of Diamonds Direct

November 16, 2015 10:02 AM UTC

Diamonds Direct and Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities have acquired Diamonds Direct, a leading independent jewelry company.

Headquartered in Charlotte, NC, Diamonds Direct is a leading U.S. independent jewelry retailer with a long and well-established history in diamond sales and manufacturing. In the last seven years, the company... More