Statement re Possible Offer | Company Announcement
Investegate announcements from Statement re Possible Offer
Source: investegate.co.uk
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Investegate announcements from Statement re Possible Offer
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.
The private equity firm offered $1.24 per share, versus Concord's $1.14 per share offer issued on Thursday (April 18).
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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