Blackstone ups its Proposal in Bidding War for Hipgnosis
This offer comes after Hipgnosis – a London-listed music rights investment firm – accepted Concord’s proposal. The latest Blackstone tender is the fourth augmented bid and was made on Saturday, 20 April 2024. It reportedly outstrips the Concord offer by about 7%. The latter proposed a takeover price of $1.16, which Blackstone countered with an…
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