Blackstone Inc BX has reached an agreement to acquire Hipgnosis Songs Fund for approximately $1.57 billion, surpassing Apollo Global Management APO backed Concord’s offer in the battle for the music rights owner of artists like Shakira and Red Hot Chili Peppers. Hipgnosis Songs Fund will be acquired by Lyra Bidco Limited, a newly-formed company indirectly wholly-owned by investment funds.
Open FlipMany investors are attracted to mortgage real estate investment trusts (REITs) like Annaly Capital Management (NYSE: NLY) for their high dividends, but the reality is that they rarely perform well over extended periods. In this video, we'll discuss two excellent high-dividend stocks that could be a far better fit for your portfolio.*Stock prices used were the afternoon prices of April 25, 2024."
Open FlipAfter four years of waiting, the long-anticipated Bitcoin (CRYPTO: BTC) halving finally took place on April 19. It promises to be yet another watershed moment in the history of Bitcoin. That's because every new halving cycle typically brings another bull market rally for Bitcoin, as well as another all-time high. But it's not just Bitcoin that could be a big winner of the Bitcoin halving.
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