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Hipgnosis shares surge after $1.4bn takeover offer by Concord Chorus

Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1.4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
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Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal

Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal
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Independent music company Concord agrees to buy Britain's Hipgnosis for US$1.4-billion

The purchase means Concord will gain rights to the catalogues of artists including Shakira and Neil Young ....

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Investec: 'Impossible' for Hipgnosis board to keep HSM as its investment adviser

Research house has retained its 'buy' rating ....

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Hipgnosis Song Management calls Shot Tower report 'inaccurate and misleading'

Investment adviser will 'respond to the company's board in due course' ....

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