Concord said on Thursday it would not raise its bid to beat Blackstone's $1.6 billion offer for the publicly listed music ...
May 9 (Reuters) - Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music ...
(Alliance News) - Hipgnosis Songs Fund Ltd on Monday backed a USD1.57 billion takeover offer from Blackstone Inc, trumping a previous offer from Concord Chorus Ltd, as the pursuit for the music ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone has won the backing of Hipgnosis Songs Fund’s board as the US private equity group seeks to ...
Concord Music has confirmed it will not improve its $1.51bn (£1.21bn) offer for Hipgnosis Songs after a bidding war with Blackstone. The bid was trumped by Blackstone’s latest counteroffer of $1.57bn ...
Apollo-backed Concord has bowed out of a bidding battle for Hipgnosis Songs Fund after saying it will stick with its lower offer, despite being outbid to buy the music rights owner of artists ...
Hipgnosis Songs Fund could be about to face a takeover battle after revealing it would be willing to accept a counter bid, valuing its catalogue of tracks from artists including Beyonce and Mark ...
Shares in Hipgnosis, which also owns rights to songs by The Chainsmokers, were down 2.1% at 1.024 pounds ($1.28) in morning trade. They have soared 48% since Concord's first offer on April 18. The ...
This paves the way for Blackstone to add the London-listed catalog company to SESAC, MNRK and other music companies in its portfolio. By Elizabeth Dilts Marshall editor Concord confirmed on ...
(Reuters) - Apollo-backed Concord said on Thursday it will stick with its offer of $1.25 apiece for Hipgnosis Songs Fund, days after Blackstone (NYSE:BX) outbid it for the music rights owner of ...