In related news

  • Hipgnosis in takeover tussle as UK music investor says it would accept rival bid

    Possible counteroffer by Blackstone could derail agreement with US fund Concord MusicThe troubled owner of music back catalogues ranging from Beyoncé to Neil Young has said it would accept a takeover offer from Blackstone, after the private equity investor revealed it was considering outbidding a rival rights owner’s deal.Hipgnosis Songs Fund (HSF) launched a strategic review after a turbulent period on the London Stock Exchange, and now faces the prospect of a takeover contest after saying on...

  • Small-time investors in Trump’s Truth Social reckon with stock collapse

    Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said. That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on...

  • Small-time investors in Trump’s Truth Social reckon with stock collapse

    Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said. That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on...