Blackstone is offering 1.30 US dollars (£1.04) a share for the company, which trumps rival suitor Concord’s 1.25 US dollars (£1) a share bid ... to make a higher offer for the Hipgnosis ...

In July, Blackstone acquired Hipgnosis, an owner of music catalogs, for $1.6 billion. A year earlier, private equity firm New Mountain Capital paid a reported $1.7 billion for BMI, one of the ...