Concord completed the acquisition of Round Hill Music for $469m.

Concord, an independent music company, completed the acquisition of Round Hill Music, a private equity firm, for $469m. "The board is pleased to present this opportunity for liquidity at a premium to both the share price and the IPO price, as well as at a narrow discount to economic net asset value per share. The recommended offer represents excellent value for shareholders," Robert Naylor, Round Hill Music Chairman.