MAUI (HawaiiNewsNow) - Alexander & Baldwin’s announcement of a $2.3 billion merger with an investor group has drawn mixed reactions from Maui residents , with some expressing concerns about development impacts and others praising the acquiring companies’ local track record.

The Hawaii-based commercial real estate developer agreed to be acquired by an investor group led by MW Group and Blackstone in an all-cash transaction. Blackstone is the investment giant that buys and sells major Hawaii hotel resorts.

“This is going to have a direct impact to everyone in Hawaii,” said East Maui resident Kamalani Pahukoa.

Pahukoa said she has been concerned since hearing about the merger announcement.

“As Hawaii residents, we need to know what’s going on with our island. We need to make sure that o

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