Hipgnosis board agrees to $1.1 billion takeover by Concord

The efforts by Hipgnosis’ board to encourage a bid for the music investment fund have today resulted in an accepted offer of $1.1 billion from Concord. Following a tumultuous six-month period in which the board was openly critical of its investment adviser, Hipgnosis Song Management (headed by Merck Mercuriadis), a ...

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