(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 rights owner ...
“I would absolutely love to own the Beatles catalogue,” Merck Mercuriadis told me back in 2021. At the time, the founder of ...
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 ...
Hipgnosis Songs Fund’s misfortunes are potentially coming to an end following the company’s board approving Blackstone’s all-cash takeover of all shares. That may be surprising news for ...
Blackstone wins bidding war for Hipgnosis Songs Fund, offering $1.30 per share compared to Concord’s final bid of $1.25. Concord’s final offer of $1.25 per share fell short of Blackstone’s $1.30 per ...
Concord officially ends its bid for Hipgnosis Songs Fund, paving the way for Blackstone to add the London-listed catalog company to its portfolio. The filing with the London Stock Exchange, which ...
The bidding war for HSF started in the middle of April, when Concord, via Concord Chorus Ltd, launched an opening bid of ...
Blackstone saw Concord’s most recent offer of $1.25 per share to acquire Hipgnosis Songs Fund and raised it a nickel to $1.30 on Monday, potentially putting a capper on a back-and-forth bidding war ...
Blackstone looks set to emerge victorious in its battle for Hipgnosis Songs Fund, after rival bidder, Apollo-backed Concord, decided not to raise its bid. Despite competing fiercely to buy the ...