Blackstone trumps Concord with $1.5bn Hipgnosis bid

Blackstone trumps Concord with $1.5bn Hipgnosis bid

Private equity giant Blackstone has made an improved offer for Hipgnosis Songs Fund with a proposed $1.5bn deal to acquire the troubled music rights owner, topping a $1.4bn bid made last week by music rights investor Concord, according to a report by Bloomberg. The...
GTCR to Buy AssetMark Financial in $2.7bn Deal

GTCR to Buy AssetMark Financial in $2.7bn Deal

Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial in a deal that would take the wealth management platform private more than five years after its initial public offering. The acquisition, announced on Thursday, will help expand...