Concord, financed by Apollo, makes $1.4bn cash bid to acquire Hipgnosis Songs Fund’s assets


by Music Business Worldwide

Music Business Worldwide— But will Merck Mercuriadis and Blackstone go quietly? Don't bet on that. Source

Music Business Worldwide—Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offer. HSF's board is unanimously recommending this offer to shareholders Source

Music Business Worldwide—From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US it’s MBW’s Weekly Round-Up. The five biggest stories to hit our headlines over the past seven days Source

Music Business Worldwide—After Concord bids $1.511bn for Hipgnosis Songs Fund, Blackstone tells HSF shareholders: Don’t move a muscle, we’ll be right back. It's all about those "irreovcables" Source