Jay Z's bid for Aspiro, the Swedish company that own high fidelity streaming service Tidal, has reportedly been accepted, despite being faced with opposition from shareholders earlier this month.

The $56.2 million bid saw Project Panther Bidco, of which Jay Z is the main shareholder via S. Carter Enterprises, LLC, offer the board of Aspiro a premium of 59.1% on its share price.

A number of minority shareholders opposed the deal, saying the price didn't sufficiently value the firm's ...