Concord officially pulls out of Hipgnosis Songs Fund acquisition race
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Concord bows out of Hipgnosis bidding war, saying its $1.51bn offer is ‘final and will not be increased&#
The race to acquire UK-listed Hipgnosis Songs Fund has taken a turn today (May 9) as Concord announces that it will not raise its latest offer – leaving global investment firm Blackstone as the frontrunner in the ongoing takeover battle. The bidding war for Hipgnosis Songs Fund (HSF), a company boasting a vast music catalog, … Continued Source
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