Business Valuation Zone

Concord Won't Increase 'Final' $1.5B Bid For Rival Hipgnosis

Law 360 M&A

MAY 9, 2024

Concord Chorus Ltd. per share for rival music rights company Hipgnosis Songs, which leaves only an improved bid by private equity firm Blackstone in the running to buy it. said Thursday that it has ruled out raising its "final" all-cash offer of $1.25

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Private Equity Firm Equity

Backing For Concord's $1.5B Hipgnosis Bid Falls

Law 360 M&A

APRIL 30, 2024

Music rights company Concord Chorus said on Tuesday that it no longer has enough support from Hipgnosis Songs Fund Ltd. shareholders to buy out its U.K. rival for $1.5 billion, after Blackstone swooped in with an improved $1.6 billion offer.

Concord Won't Increase 'Final' $1.5B Bid For Rival Hipgnosis

Backing For Concord's $1.5B Hipgnosis Bid Falls

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