The race to acquire UK-listed Hipgnosis Songs Fund has taken a turn today (May 9) as Concord announces that it will not raise its latest offer – leaving global investment firm Blackstone as the frontrunner in the ongoing takeover battle. The bidding war for Hipgnosis Songs Fund (HSF), a company boasting a vast music catalog, … Continued
It basically says... Hey, HSF board – don't even think about firing us. But just in case you do, know that Blackstone will come down on you like a ton of bricks.