Shareholders question Jay Z's $56m offer for Aspiro
Shareholders in Scandinavian tech firm Aspiro have claimed Jay Z's $56 million offer for the company does not sufficiently value its potential.
Digital Music Week reports that the company, owner of Tidal and WiMP streaming services, made $35m in 2014.
"The minority shareholders of more than 10% of the shares of Aspiro are questioning the offered price of the shares," says a statement from Aspiro Shareholders Association.
"The association has audited the written offer from the Panther Group (Jay-Z) and has ...
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