No less than 99% of those who voted (around 69% of the fund’s total eligible shareholders) did so in favor of the deal. Last month, Alchemy Copyrights, LLC, trading as Concord, agreed terms on a deal whereby it would acquire the entirety of Round Hill Music Royalty Fund (RHM) – the UK-listed fund operated by Round Hill Music – if it could secure RHM’s shareholder approval. That approval is now in the bag.
