• 11/11/2024

Hipgnosis Backs Improved Blackstone Offer

Wall Street Journal

Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.6 billion takeover by Blackstone, trumping a rival bid from Apollo-backed music company Concord Chorus.

https://www.wsj.com/articles/hipgnosis-songs-fund-agrees-to-improved-1-57-billion-blackstone-offer-af8aeafc