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Market
What will be the reaction of major artists to Blackstone's acquisition?
5
Resolution / Starting Odds
Positive reaction • 25%
Neutral reaction • 25%
Negative reaction • 25%
No reaction • 25%
Public statements from artists, media interviews, social media
Story
Blackstone Raises Hipgnosis Offer to $1.31 Per Share, Valuing Deal at $1.58 Billion
Jun 3, 2024, 06:47 AM
Blackstone is set to sweeten its offer for Hipgnosis Songs Fund as part of a revised bid, according to reports from the Financial Times. On Monday, the private equity giant raised its offer by a cent to $1.31 per share, valuing the music rights owner at $1.58 billion. Hipgnosis Songs, which owns the music rights of artists such as Shakira and Red Hot Chili Peppers, has agreed to the improved takeover bid.
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Similar markets
No further investments • 33%
Investment in one additional company • 33%
Investment in two or more companies • 34%
Yes • 50%
No • 50%
Significant Positive Impact • 25%
Moderate Positive Impact • 25%
No Significant Change • 25%
Negative Impact • 25%
Public support from other artists • 33%
Public neutrality from other artists • 33%
Public criticism from other artists • 34%
No change in leadership • 33%
Partial change in board members • 33%
Complete overhaul of leadership • 34%
Supports Drake • 25%
Condemns Drake • 25%
Supports Tupac's estate • 25%
Remains neutral • 25%
Major backlash • 33%
Mixed reactions • 33%
Minimal backlash • 33%
Highly positive market response • 25%
Moderately positive market response • 25%
Neutral market response • 25%
Negative market response • 25%
Announce support for Anglo American • 25%
Express interest in bidding for Anglo American • 25%
Remain neutral or silent • 25%
Support BHP's efforts • 25%
Mostly Positive • 25%
Mostly Neutral • 25%
Mostly Negative • 25%
Mixed Feelings • 25%