(Bloomberg) -- Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord.
Simply sign up to the Media myFT Digest -- delivered directly to your inbox. Blackstone is set to sweeten its offer for Hipgnosis as part of a revised bid for the music rights owner that will make ...
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 artists ...
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The report comes after Nashville-based Concord sweetened its bid for Hipgnosis on Wednesday to $1.25 per share, slightly higher than Blackstone's previous proposal of $1.24.
May 9 (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 ...
(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 on ...