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Warner Music Group aiming to sell $1.82 billion in stock

Warner Music Group aiming to sell $1.82 billion in stock

In its first initial U.S. public offering, the world’s third largest recording label, Warner Music Group is looking at selling up to $1.82 billion in stock. Many debuts have been put on hold due to the coronavirus pandemic and this could be the largest New York IPO in 2020 as the market for new stocks tries to rebound.

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Top in Business