Warner Music Group Launches IPO

Warner Music Group Corp. announced today that it has launched the initial public offering of 70,000,000 shares of its Class A common stock, pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission. The initial public offering price is expected to be between $23.00 and $26.00 per share, which values the company at $13.3 billion.

Source: Warner Music Group Launches IPO

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