Blackstone ups Hipgnosis takeover bid… by one cent Investment Blackstone has upped its offer for Hipgnosis Songs Fund in an attempt to sweeten the deal for shareholders in its takeover pursuit.
Hipgnosis board recommends new £1.25bn bid from Blackstone Media Blackstone's $1.30 in cash per share bid, higher than the revised offer from Concord Music, values Hipgnosis at about $1.57bn (£1.25bn).
Blackstone turns up the volume in bidding war for Hipgnosis Media Blackstone is gearing up to submit a bigger bid for the London-listed fund that owns the rights to songs by Justin Bieber and Shakira.
Hipgnosis bidding war shows these corporate jukeboxes are valuable after all April 24, 2024 The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes