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May 31, 2012
10:50 // 1 year ago
May 21, 2012
10:55 // 1 year ago
March 8, 2012
Fender: Legendary guitar builders enter the IPO battlefield
For those about to rock: Fender, the manufacturers of the legendary Stratocaster electric guitar, are preparing to offer an IPO soon. The company announced plans to sell $200 million in stock currently held by Fender and the guitar maker’s owners. The company, which currently sells its guitars in 85 countries around the world, hopes that the offering will give Fender the ability to “extend our reach to a broader global consumer base.” (photo by Gilga Mesh) source
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For those about to rock: Fender, the manufacturers of the legendary Stratocaster electric guitar, are preparing to offer an IPO soon. The company announced plans to sell $200 million in stock currently held by Fender and the guitar maker’s owners. The company, which currently sells its guitars in 85 countries around the world, hopes that the offering will give Fender the ability to “extend our reach to a broader global consumer base.” (photo by Gilga Mesh) source

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12:05 // 2 years ago
January 31, 2012
16:43 // 2 years ago
November 29, 2011
0:37 // 2 years ago
May 19, 2011
10:29 // 2 years ago
May 9, 2011
10:27 // 2 years ago
November 18, 2010
I don’t know where the market is going to be a year or two down the road, so I can’t make such a bold statement. Sure, I’m hopeful, and I’m not saying it can’t happen. I think the company is well positioned … so things look good for General Motors.
GM CEO Dan Akerson • Not committing to a full repayment of the taxpayers’ money from the bailout. It sounds like a hedging of the bets, honestly. If he says it now and the stock goes south, he’s on the record offering a promise he can’t keep. For what it’s worth, though, GM’s stock is doing boffo so far in its first day of trading, already up six percent in early-morning trading. source (viafollow)
10:15 // 3 years ago
November 17, 2010

GM’s initial public offering does exactly what everyone expects

  • $20.1
    billion
    the amount raised by GM’s IPO earlier today (which is amazing, and the biggest ever)
  • $4.35
    billion
    the amount in preferred shares the company sold, far above the $4 billion anticipated
  • 33%
    stake
    the amount of GM the government will still own after the IPO, down from 61 percent source
22:45 // 3 years ago