The company plans to sell 7.14 million shares, and the remaining stock will be sold by a shareholder. I bet I know what that share holder is...(could it be the ex-CEO of Guitar center?)
Fender Musical Instruments Sees IPO of 10.7M Shares Pricing at $13-$15 Each - WSJ.com
Well it looks like Fender got cold feet due to the poor economy. DUH! They probably would have f'ed it all up anyhow.
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