The email states Blackstone and other parties (implied to be Saudi) have a non-binding MOU and will continue negotiations.
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This document is an email from Jeffrey E. (Epstein) to Leon Black on June 7, 2017, discussing a major investment deal in Saudi Arabia involving Blackstone. Epstein forwards a skeptical analysis from a Brookings Institution fellow, Bruce Riedel, who calls the deal 'fake news' and contrasts it with Blackstone's more formal announcement of a $40 billion non-binding agreement.
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