BLK Stock: BlackRock to Buy Global Infrastructure Partners for $12.5 Billion

BlackRock (NYSE:BLK) stock is in the news Friday after the investment firm announced its plans to acquire Global Infrastructure Partners in a massive deal.BlackRock is offering $3 billion in cash and 12 million shares of BLK stock to acquire Global Infrastructure Partners. The stock portion of the deal has 30% of the total value of the offer deferred for roughly five years.Considering the price of BLK stock, the offer for Global Infrastructure Partners totals roughly $12.5 billion. That makes it the largest ...