Luccia Di Lammermoor opened in Covent Garden last week. If you didn’t get tickets don’t worry: there’s a piece of opera every bit as dramatic - and as likely to end in a bloodbath - playing out as Concord and Blackstone look set to fight to the bitter end in the Hipgnosis Songs Fund takeover race…
Have you ever dropped something - an entire bowl of trifle, for example - only to catch it before it hits the floor, your split second reactions kicking in as though time had slowed down? When time turns to treacle, normal things can lose all meaning. Welcome to the state of Hipgnosis.…
The elephants are on parade again... Blackstone gets heavy with SONG board and goes public with a potential $1.24 offer for beleaguered song rights fund - 7% higher than Concord's offer on Thursday…
Just like your favourite soap opera coming to an end, shed a tear as Hipgnosis v Hipgnosis packs its trunk and says goodbye to the circus, drawing the months-long drama to a close. But wait! There might be a twist…
Shot Tower Capital presented its findings to the Hipgnosis Songs Fund board in a blistering document that alleges significant mismanagement by Hipgnosis Song Management. HSM immediately issued a statement saying that key parts of the STC report are “factually inaccurate and misleading”…
If you thought the Hipgnosis vs Hipgnosis drama was already peaking, think again. It might barely even have started. In an announcement today, SONG yet again marked down the value of its assets sending the share price plummeting further…
When City types talk about haircuts they might mean a short back and sides - but might also mean something has tanked in value. “My hedge fund took a haircut last week, so the new Ferrari will have to wait”. Hipgnosis has opened the wine, reached for the clippers and gone for a number two all over.…
The Hipgnosis Songs Fund has filed legal action against its investment advisor Hipgnosis Song Management in a dispute relating to a lawsuit filed by another Hipgnosis company, the defunct Hipgnosis Music Limited…
The company that valued the catalogues owned by the Hipgnosis Songs Fund has quit, it has emerged - Citrin Cooperman stood down from that role after the fund’s board raised concerns about the valuation it had calculated…
An Extraordinary General Meeting of shareholders of the Hipgnosis Songs Fund took place earlier today, with investors backing a proposal by the board that gives directors discretionary powers to pay multi-million pound fees to entities interested in bidding to buy its catalogues…
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