Hipgnosis, Blackstone
Blackstone ups Hipgnosis takeover bid… by one cent
Blackstone has upped its offer for Hipgnosis Songs Fund by $0.01 (less than a penny) in an attempt to sweeten the deal for shareholders in its takeover pursuit. Raising its offer from $1.30 per share to $1.
Blackstone sweetens Hipgnosis offer as part of revised bid for music rights owner
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis, a London-listed group that owns a portfolio of 138 catalogues with more than 40,000 songs.
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday.
Hipgnosis Songs Agrees to Improved $1.58 Bln Takeover by Blackstone
By Ian Walker Hipgnosis Songs Fund--home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers--has agreed to an improved
Blackstone offers one extra cent to buy Hipgnosis as takeover nears
It means that the deal needs to get the approval of shareholders in Hipgnosis who hold at least 75% of its shares, and then the takeover can go ahead regardless of whether a share
Blackstone raises Hipgnosis offer by a cent
Blackstone on Monday raised its offer for Hipgnosis Songs Fund by a cent to $1.31 per share, valuing the music rights owner of artists such as Shakira and Red Hot Chili Peppers at $1.58 billion. The revised offer in part reflects "Hipgnosis incurring lower adviser fees in respect of the transaction than previously expected",
Blackstone ups Hipgnosis takeover deal by $0.01 a share
Blackstone has increased the value of its Hipgnosis Songs Fund takeover by $0.01 a share, following discussions with the music rights investor's board. The improved offer gives the deal to delist Hipgnosis,
Reuters9d
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
, opens new tab by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday. The deal will need approval from ...
U.S. News & World Report1mon
Blackstone to Make Improved Bid for Hipgnosis, Sky News Reports
(Reuters) - Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported ...
The Irish News1mon
Blackstone raises Hipgnosis bid to £1.26bn in takeover battle
Hipgnosis Songs Fund has agreed to a 1.56 billion US dollar (£1.26 billion) takeover by US private equity giant Blackstone in the latest twist in the battle to buy the music rights owner of ...
Breakingviews: Blackstone music deal can spare just a cent
Steve Schwarzman’s buyout shop has perfected the art of the cap rate. But has it perfected the tune? Blackstone raised its ...
U.S. News & World Report1mon
Blackstone Set to Clinch Hipgnosis Songs as Concord Sticks With Lower Bid
(Reuters) -Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music rights ...
The Times8d
Blackstone sweetens offer for music rights fund Hipgnosis
Hipgnosis Songs Fund’s private equity suitor has improved its offer for the music rights owner to $1.6 billion and ...
Spotify8d
Hipgnosis Songs Fund’s catalog turned out to be worth more than a lot of people thought.
In light of Blackstone’s latest bid, MBW crunches the numbers on what HSF spent on assets… and what they’re worth ...
Yahoo Finance9d
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
(Reuters) -Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial ...