No longer big pimpin....
Billboard reports, Shareholders in Swedish IT company Aspiro are urging another look at Jay Z's $56 million offer to purchase the firm, saying the price "does not sufficiently value" its long-term potential.
Aspiro announced the takeover offer (for 464 million Swedish krona) on Jan. 30 and it was immediately accepted, pending shareholder approval. Aspiro is the parent company of two music streaming services, WiMP and TIDAL, and its proposed acquisition is seen as Jay Z's entry into the crowded subscription market.
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