Yesterday (April 24), we learned of the latest chapter in the takeover saga surrounding UK-listed Hipgnosis Songs Fund. Concord, then, is back in the driving seat of the battle to buy Hipgnosis Songs ...
The proposed deal values each Hipgnosis share at £0.93, a premium of roughly one third the royalty fund's shareprice at the close of trading on Wednesday. The troubled music royalty company ...
The Nashville-based company is now offering $1.25 per share, a penny more than Blackstone's possible bid, and says it wants to sell up to 30% of the fund's assets. By Elizabeth Dilts Marshall ...
Concord and Blackstone are now officially in a bidding war for Hipgnosis Songs Fund‘s assets – as the former company launches a new offer for HSF that (very slightly) trumps its rival’s most recent ...
Hipgnosis Songs Fund launched a strategic review last year after a shareholder revolt in October led to a board overhaul. Its investors will get $1.16 per share in cash, representing a premium of ...
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Hipgnosis shareholders will get $1.16 per share Deal value represents a premium of about 32% Shares in Hipgnosis jump 31% (Rewrites throughout with context, background and details) April 18 (Reuters) ...
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. ...
The now dissolved Hipgnosis Music received funds that were proceeds of fraud, Merck Mercuriadis alleges in court documents ...
April 18 (Reuters) - Nashville-based independent music company Concord has agreed to buy British song investor Hipgnosis Songs Fund for $1.40 billion, the companies said on Thursday, gaining ...