M&A

Hipgnosis shares spike again as Blackstone enters fray

By Frank Prenesti

Date: Monday 22 Apr 2024

(Sharecast News) - Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1.5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.
Hipgnosis on Monday said it would recommend a higher Blackstone bid if it tabled...

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