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April 14, 2005

WorldSpace Going IPO

WorldSpace Satellite Radio is going IPOThe Satellite Radio industry isn't all just XM and SIRIUS, WorldSpace is a huge player in the international market. Well, word has just come in that WorldSpace is seeking to raise about $100 million in an initial public offering of common stock under the NASDAQ listing symbol WINR.

WorldSpace Satellite Radio, which provides 5% of XM Satellite Radio's programming, has not yet said how many shares it plans to offer or a price for the IPO shares. Apparently, UBS will be the underwriter of the IPO.

April 14, 2005 09:14 AM

 

 

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In the spirit of Satellite Radio, I will not edit or remove any comments unless they are purely promotional. The seven forbidden words are completely acceptable, so go nuts. HTML tags can't be used, but you can simply type an URL (include the http://) to create a live link.




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