Fender to go public

Would you like to own a portion of Fender? According to a Reuters report, the legendary musical instrument company has filed with regulators to “raise up to $200 million in an initial public offering.” The article continues:

The number of shares to be offered and the price range for the offering have not yet been determined, Fender said. The company, which had net sales of $700.6 million in the fiscal year ended January 31, said it plans to apply for a listing on the Nasdaq under the symbol “FNDR.”

Alert your broker now!

Read more at Reuters

Right here.


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