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Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private equity firm Blackstone, which
Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private equity firm Blackstone, which trumped a rival bid from Concord. The announcement is the latest twist in a bidding war which last week saw US music group Concord ramp up its offer to beyond Blackstone’s previous bid […]
The post Blackstone strikes chord with $1.6 billion bid for UK music firm appeared first on Insider Paper.
https://insiderpaper.com/blackstone-strikes-chord-with-1-6-billion-bid-for-uk-music-firm/
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