Blackstone has upped its offer for Hipgnosis Songs Fund by $0.01 (less than a penny) in an attempt to sweeten the deal for ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis, a London-listed group that owns a portfolio of 138 catalogues with more than 40,000 songs.
opens new tab ... comment. Blackstone is a majority shareholder in Hipgnosis' investment adviser, HSM, which manages artists and songwriters for the fund and holds a call option to make a higher ...
Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would ...
May 9 (Reuters) - Blackstone ... with its lower bid for the music rights owner of artists such as Shakira and Red Hot Chili Peppers. Shares in Hipgnosis (SONG.L) , opens new tab, which also ...
HSM has a so-called call option to make a higher offer for the Hipgnosis portfolio if its advisory deal is broken off. Blackstone has said its offer is separate to HSM. Buying a new car?
Sky News has learnt that Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund (HSF) as early as Monday. Its offer will trump one recommended by HSF's board last Thursday of $1 ...
Lyra Bidco, a wholly-owned Blackstone company, has increased its offer for Hipgnosis Songs Fund (SONG) to $1.31 per share, pushing the total consideration to just over $1.58bn. The revised bid comes ...
A private equity titan has sweetened its offer for Hipgnosis as it tries ... above the 102p a share the New York-based group agreed to pay in April. Blackstone has also said it will switch the ...