Jay-Z wins battle for music streaming company
by Staff and agencies from on (#4W1Y)
Minority shareholders in Sweden's Aspiro accept 36m offer as competition in the streaming market intensifies
Jay-Z has won control of a Swedish music streaming company after more than 90% of shareholders accepted the star's $54m (36m) offer.
A spokesman for Project Panther Bidco, a company controlled by the 45-year-old rapper, said on Friday that all the conditions for completing the acquisition of Aspiro had now been met.
Related: Tidal takes on Spotify with lossless-quality streaming music
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