Hipgnosis Song Management: Board has ‘no legal grounds’ to terminate relationship
JOHCM’s share disposal reduces ‘irrevocable undertaking’ support bid down to 23.1%
JOHCM’s share disposal reduces ‘irrevocable undertaking’ support bid down to 23.1%
Proposed deal values Hipgnosis at $1.4bn – a 32.2% premium to its closing price last night (17 April)
The trust’s share price has collapsed by 65% from £1.61 to 56p over the last year