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 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 ...
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 ...
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 ...
Concord, indirectly controlled by Alchemy Copyrights, said its $1.25 (£1) per share bid valuing Hipgnosis at £1.21billion ...
Blackstone offered 1.30 US dollars (£1.04) a share for the company, trumping rival suitor Concord Chorus’ 1.25 US dollars (£1 ...
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) ...
(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 ...
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 ...
(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 rights to the ...