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 ...
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 ...
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. The $1.51 billion offer from Nashville-based Concord was its ...
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 ...
(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 ...