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Blackstone, Hipgnosis Songs Fund
Concord Raises Offer in Fight to Take Over Hipgnosis Songs Fund
Concord Music raised its bid to take over Hipgnosis Songs Fund (HSF) on Wednesday (April 24) to $1.25 per share, one penny higher than the competing offer that Blackstone floated on April 20 - further ratcheting up the fight for control of the music rights company's assets.
After Concord bids $1.511bn for Hipgnosis Songs Fund, Blackstone tells HSF shareholders: Don’t move a muscle, we’ll be right back
Yesterday (April 24), we learned of the latest chapter in the takeover saga surrounding UK-listed Hipgnosis Songs Fund. Concord launched a USD $1.511 billion bid for the UK-listed
Hipgnosis Songs Fund Agrees to $1.4 Billion Concord Takeover
Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to a $1.4 billion takeover by Apollo-backed music company Concord Chorus.
12d
Music Catalog Giant Hipgnosis Agrees to $1.4 Billion Sale to Concord
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its ...
Hosted on MSN
13d
Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal
(Reuters) -Nashville-based independent music company
Concord
has agreed
to buy
British song investor
Hipgnosis
Songs
...
12d
Hipgnosis agrees sale to Concord in $1.4 bln music rights deal
Nashville-based independent music company Concord has agreed to buy Britain's Hipgnosis Songs Fund for $1.4 billion, the ...
Billboard
7d
Concord Raises Offer in Fight to Take Over Hipgnosis Songs Fund
The Nashville-based company is now offering $1.25 per share, a penny more than Blackstone's possible bid, and says it wants to sell up to 30% of the
fund
's assets. By Elizabeth Dilts Marshall ...
The Guardian
2d
Hipgnosis backs £1.3bn private equity takeover by Blackstone
Hipgnosis
Songs
Fund
said it was recommending the offer, which trumps a rival $1.4bn bid by US-based royalties
fund
...
5d
on MSN
Hipgnosis' bidding war intensifies as Concord hikes offer for Shakira music owner
(Reuters) -Shares of Hipgnosis Songs Fund climbed on Thursday after Apollo-backed Concord outbid a proposal by private equity ...
6d
What’s Next for Hipgnosis? A ‘Roller Coaster’ of Missteps Brings the Fund and Its Founder to a Crossroads
What's next for Hipgnosis and founder Merck Mercuriadis as Concord and Blackstone vie to acquire the embattled song fund?
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