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Hipgnosis Backs Blackstone's New $1.6B Offer In Bidding War

By Dawood Fakhir (April 29, 2024, 1:33 PM BST) -- Blackstone said on Monday that the directors of music rights company Hipgnosis Songs will back a new $1.6 billion offer by the private equity giant after they said they would withdraw their backing for an earlier $1.5 billion bid from a U.S. competitor, Concord Chorus....

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