April 26, 2024
Finance

Blackstone Makes New $1.5 Billion Proposal to Buy Hipgnosis

(Bloomberg) — 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. Most Read from Bloomberg The company made an improved, fourth proposal on Saturday to acquire the entire issued and to-be-issued share capital of

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