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    • Blackstone looks to sell ailing Gold Toe socks

    February 20th, 2010 | 2:51 AM | by By JOSH KOSMAN |

    Blackstone Group is hoping to drop its socks.
    Stephen Schwarzman’s private-equity firm is testing the waters for selling its Gold Toe-Moretz business, despite the sock company’s being in financial straits.
    As it struggles to raise new money for a leveraged-buyout fund, Blackstone has started an auction process for…

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