Blackstone Submits $1.5 Billion Takeover Bid for Hipgnosis Songs Fund, Rivaling Concord ...Middle East

Private equity giant Blackstone bid $1.5 billion to buy Hipgnosis Songs Fund on Saturday (April 20), marking a significant escalation in the fight for control of the troubled music royalty fund and its collection of rights to songs by Neil Young, Journey, Lindsey Buckingham, Blondie and others. Related Hipgnosis Songs Fund Board Recommends Shareholders Approve $1.4B Takeover Bid From Concord 04/20/2024 Blackstone

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