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Blackstone Inc BX has reached an agreement to acquire Hipgnosis Songs Fund for approximately $1.57 billion, surpassing Apollo Global Management APO backed…
Blackstone clinches the acquisition of Hipgnosis Songs Fund for $1.57 billion, outpacing Concord's bid, marking a significant expansion in music rights ownership, with hits from Shakira and Red Hot Chili Peppers joining its repertoire.