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The Big Picture: Warner Music IPO ?

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The Big Picture: Warner Music IPO ?
Topic: Miscellaneous 9:25 am EDT, Apr 12, 2005

] Question: Who in their right minds wants to buy a piece
] of Warner Music Group?
]
] Answer: Somebody must, because next month, a $4 billion
] IPO is going to occur.
]
...
] Think about this: A huge IPO goes out, the public puts
] money to work, and a mere $7 million dollars gos to
] towards operations, while insiders cash out 50 fold times
] more. And, its happening as Warner Music Group is under
] investigation (they just received another Subpoena from
] Eliot Spitzer's office). I find that simply astounding.

The Big Picture: Warner Music IPO ?



 
 
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