WorldSpace Going IPO - Orbitcast

WorldSpace Going IPO

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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.

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