Following last week’s no continuation vote, the fund’s board has six months to form plans to improve share price and stability—and that may include liquidating.
A majority of shareholders of the music royalty fund voted ‘no’ to continuation and rejected a plan to sell rights to songs by Shakira and Barry Manilow.
Ahead of next week’s continuation vote, the London-listed fund’s board says it explored firing its investment advisor, run by fund founder Merck Mercuriadis.
Ahead of next week’s continuation vote, the London-listed fund’s board says it explored firing its investment advisor, run by fund founder Merck Mercuriadis.
Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a series of late-stage deal activities among IPO-ready firms. IBS Software offers a range of software solutions to airlines, logistics and hospitality companies. The Kerala-based startup…
Through strategic M&A, Kite will provide brand founders with capital, operations and technology to accelerate their business across “every channel,” from e-commerce to social, retail and beyond. After GoFundMe, Rob Solomon is flying a $200M Kite in the land of commerce by Christine Hall originally published on TechCrunch
Meetings and events management software provider Cvent is to be taken private yet again, as part of a $4.6 billion transaction involving two of the biggest players in the private equity sphere. Today’s announcement continues a recent trend that has seen myriad companies retreating from the public markets, driven by opportunistic private equity firms looking…
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