Blackstone triumphs in Hipgnosis bidding war as Concord refuses to raise offer Investment trusts The bidding war first broke out on 18 April, after Concord initially offered $1.4bn for the portfolio of the music rights trust.
Hipgnosis would back Blackstone bid if it makes firm offer as bidding war heats up Music The board of Hipgnosis has said it would recommend a bid from private equity giant Blackstone to its shareholders if the company makes a firm offer.
