The inventory alternate announcement on Thursday (16 Might) follows the agency’s assertion on 9 Might that its newest $1.25 per share supply for the belief wouldn’t be elevated upon.
Harmony’s resolution adopted an elevated bid by Blackstone of $1.30 per share in late April, valuing the fund at greater than $1.57bn, which was unanimously really helpful by the board to shareholders.Â
Harmony sticks with $1.51bn supply for Hipgnosis Songs Fund
The bidding struggle for SONG started in mid-April when Harmony, by means of the Apollo-backed Harmony Refrain, launched a gap bid of $1.40bn, or $1.16 per share for t…