Hipgnosis Songs Fund is planning to sell 29 catalogues to Hipgnosis Songs Capital for $440 million and a portfolio of non-core songs for $25 million to fund a share buyback program and reduce debt, as part of a plan to boost its share price.
September 18, 2023 - 15:28
By Pharos Investment Advisors Comments are Off
Hipgnosis Songs Fund is planning to sell 29 catalogues to Hipgnosis Songs Capital for $440 million and a portfolio of non-core songs for $25 million to fund a share buyback program and reduce debt, as part of a plan to boost its share price.
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