Reservoir Media Faces Competing Takeover Bids From Major Hedge Funds

via billboard.com

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Two powerful hedge funds are vying to buy Reservoir Media, the publicly traded independent music publishing and recorded music business founded and led by Golnar Khosrowshahi, according to a press release from Reservoir on Wednesday. Reservoir said investors Richmond Hill Investment and Wesbild put in an unsolicited joint offer to acquire all outstanding shares at a […]

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