Concord bows out of Hipgnosis bidding war, saying its $1.51bn offer is 'final and will not be increased' musicbusinessworldwide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from musicbusinessworldwide.com Daily Mail and Mail on Sunday newspapers.
Hipgnosis Songs Fund Ltd on Monday backed a USD1.57 billion takeover offer from Blackstone Inc, trumping a previous offer from Concord Chorus Ltd, as the pursuit for the music rights publisher took.
London s FTSE 100 was higher heading into Monday afternoon, though trade was more cautious in mainland Europe, as focus turns to this week s Federal Reserve interest rate decision.
Away from.
Hipgnosis Songs Fund Ltd on Wednesday said it had reached an agreement on the terms of an increased takeover offer from music rights acquirer Alchemy Copyrights, which trades as Concord Chorus.
TOP NEWS: Concord looks to thwart Blackstone with raised Hipgnosis bid lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.