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 ...
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 ...
Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal ...
Hipgnosis Songs Fund SONG0.00%increase; green up pointing triangle, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, agreed to a $1.40 billion takeover by ...
Concord said on Thursday it would not raise its bid to beat Blackstone's $1.6 billion offer for the publicly listed music ...
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt. By Ben Sisario Hipgnosis Songs Fund, 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. ...
(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 to the catalogues of ...
April 18 (Reuters) - 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 ...
The troubled Hipgnosis Songs Fund, whose former CEO Merck Mercuriadis drove up the value of music catalogs with more than $3 billion in acquisitions before overspending and problematic management ...
Hipgnosis’ investors will get $1.16 per share in cash, representing a premium of about 32% to Wednesday’s closing price, according to Reuters. The company’s shares, which listed in London in ...