The proposed deal values each Hipgnosis share at £0.93, a premium of roughly one third the royalty fund's shareprice at the close of trading on Wednesday. The troubled music royalty company ...
Hipgnosis Songs Fund launched a strategic review last year after a shareholder revolt in October led to a board overhaul. Its investors will get $1.16 per share in cash, representing a premium of ...
Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal ...
Concord said on Thursday it would not raise its bid to beat Blackstone's $1.6 billion offer for the publicly listed music ...
Hipgnosis Songs Fund SONG0.00%increase; green up pointing triangle, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, agreed to a $1.40 billion takeover by ...
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt. By Ben Sisario Hipgnosis Songs Fund, the ...
Another day and another revised bid for SONG. Blackstone has upped its offer, SONG’s board recommends the offer, so we can ...
Concord, a music rights investor, has agreed to buy Hipgnosis Songs Fund Ltd. in a deal that values the song catalog company at about $1.4 billion. The bidders have offered Hipgnosis investors $1. ...
(Reuters) -Nashville-based independent music company Concord has agreed to buy Britain's Hipgnosis Songs Fund for $1.4 billion, the companies said on Thursday, to gain rights to the catalogues of ...
April 18 (Reuters) - Nashville-based independent music company Concord has agreed to buy Britain's Hipgnosis Songs Fund (SONG.L) , opens new tab for $1.4 billion, the companies said on Thursday ...
The troubled Hipgnosis Songs Fund, whose former CEO Merck Mercuriadis drove up the value of music catalogs with more than $3 billion in acquisitions before overspending and problematic management ...