M&A

Hipgnosis shares surge on $1.4bn Concord Chorus offer

By Frank Prenesti

Date: Thursday 18 Apr 2024

(Sharecast News) - Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1.4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its...

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