The troubled music royalty company Hipgnosis Songs Fund (HSF) has agreed to a $1.402 billion takeover bid from Nashville-based rival Concord, according to a letter of intent filed Thursday (April ...

Hipgnosis Songs Fund, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, agreed to a $1.40 billion takeover by Apollo-backed music company Concord Chorus.

The deal would pay investors $1.15 a share and give Concord access to a ... Round Hill Music Royalty Fund Ltd. has, like its peers Hipgnosis Songs Fund Ltd., struggled with a declining stock ...

and Hipgnosis Songs Fund had overstated the ownership stakes that it had in many songs. In announcing its agreement with Concord, Hipgnosis said it would “encourage” the investment adviser to ...

Concord confirmed on Thursday it will no longer proceed with its $1.51 billion offer to buy Hipgnosis Songs Fund, giving rival bidder Blackstone a now unimpeded path to acquire the Merck ...

Nashville-based independent music company Concord has agreed to buy Britain's Hipgnosis Songs Fund (SONG.L), opens new tab for $1.4 billion, the companies said on Thursday, to gain rights to the ...

Concord, a music rights investor, has agreed to buy Hipgnosis Songs Fund Ltd. in a deal that values the song catalog company at about $1.4 billion. The bidders have offered Hipgnosis investors $1. ...

has agreed to an improved $1.51 billion takeover by Apollo-backed music company Concord Chorus, trumping an approach from rival Blackstone Funds on Monday. Hipgnosis said late Wednesday that ...

The deal is the latest acquisition for the rapidly growing Concord, which acquired Round Hill Royalty Fund in ... independent music companies, is the right owner to take on the Hipgnosis catalogue ...

By Yadarisa Shabong (Reuters) -Nashville-based independent music company Concord has agreed to buy Britain's Hipgnosis Songs Fund for $1.4 billion, the companies said on Thursday, to gain rights ...