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Concord officially pulls out of Hipgnosis Songs Fund acquisition race
The news was announced in a statement to the market on Thursday (May 16) Source...
Concord bows out of Hipgnosis bidding war, saying its $1.51bn offer is ‘final and will not be increased’
The race to acquire UK-listed Hipgnosis Songs Fund has taken a turn today (May 9) as Concord announces that it will not raise its latest offer – leaving global investment firm Blackstone as the fron...
Kilometre Music Group has spent $130m+ on music rights to date and says its latest acquisitions include stakes in Taylor Swift’s ‘Lavender Haze’ and ‘Karma’
Company formed the Barometer Global Music Royalty Fund in 2021 Source...
From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund… it’s MBW’s Weekly Round-Up
The five biggest stories to hit our headlines over the past seven days… Source...
Reservoir Media plans $100M offering to fund acquisitions, debt repayment
The move signals Reservoir's ambition to fuel further growth through acquisitions while reducing its debt Source...
Blackstone launches $1.57 billion bid for Hipgnosis Songs Fund; HSF board recommends offer to shareholders
With debt taken into account, Blackstone's latest offer values HSF at approximately USD $2.177 billion Source...
From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US… it’s MBW’s Weekly Round-Up
The five biggest stories to hit our headlines over the past seven days… Source...
After Concord bids $1.511bn for Hipgnosis Songs Fund, Blackstone tells HSF shareholders: Don’t move a muscle, we’ll be right back
It's all about those "irreovcables"... Source...
Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offer
HSF's board is unanimously recommending this offer to shareholders Source...
Hipgnosis Song Management rubbishes criticism over its service to Hipgnosis Songs Fund – while warning it and Blackstone will deploy ‘all means necessary’ should HSF attempt to terminate its deal
It basically says... Hey, HSF board – don't even think about firing us. But just in case you do, know that Blackstone will come down on you like a ton of bricks. Source...
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