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Statement re Possible Offer | Company Announcement

Investegate announcements from Statement re Possible Offer

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Blackstone Makes New $1 5B Proposal to Buy Hipgnosis

Blackstone Makes New $1 5B Proposal to Buy Hipgnosis
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Blackstone Makes New $1 5 Billion Proposal to Buy Hipgnosis

Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord.

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Blackstone Submits $1 5 Billion Takeover Bid for Hipgnosis Songs Fund, Rivaling Concord

The private equity firm offered $1.24 per share, versus Concord's $1.14 per share offer issued on Thursday (April 18).

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Blackstone Bids $1 5 Billion for Hipgnosis Songs Fund, Rivals Concord

Private equity giant Blackstone submitted a $1.5 billion proposal to take over Hipgnosis Songs Fund, rivaling Concord's earlier $1.4 billion offer.

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