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Actionable news in BX: THE BLACKSTONE GROUP L.P,

Blackstone, Starwood Merging Rental Home Businesses

Blackstone Group's (BX) Invitation Homes Inc (INVH) and Starwood Waypoint Homes (SFR) agreed to a deal Thursday that will merge their rental home businesses to create a giant landlord operating 82,000 properties in 17 metro areas, the Wall Street Journal reported.

The deal between two of the country's largest rental...