, opens new tab which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday. Blackstone's bid will trump independent music company Concord's proposal of $1.25 ...
The new offer from Blackstone will be a significant improvement on the bid made by Concord, which has been recommended by the board of Hipgnosis, Sky News said, citing people familiar with the matter.
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 ...