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Blackstone makes revised offer of 1.31 usd/shr for Hipgnosis
Improves offer by 0.01 usd/shr (Il Sole 24 Ore Radiocor) - London, 03 Jun - The US investment company Blackstone, through Lyra Bidco, has improved its recommended bid for Hipgnosis Songs Fund, a UK company that manages song catalogues, to 1.31 dollars in cash from 1.30 dollars, according to a statement.
The offer values Hipgnosis at approximately 1.584 billion dollars.
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(RADIOCOR) 03-06-24 08:33:47 (0115) 5 NNNN