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Fender's going public?

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Patch
Posted 2012-03-08 9:37 AM (#451621)
Subject: Fender's going public?



Joined:
May 2006
Posts: 4233

Location: Steeler Nation, Hudson Valley Contingent

For those who understand such things, unlike myself.....

Fender to offer $200 MILLION public stock offering

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Darkbar
Posted 2012-03-08 10:09 AM (#451623 - in reply to #451621)
Subject: Re: Fender's going public?



Joined:
January 2009
Posts: 4535

Location: Flahdaw		Soon to be even more answerable to profit margins, and ONLY profit margins.
Stockholders- "What's the cheapest and most affordable way to manufacture these guitar thingies?"

Grab your vintage USA made instruments while they are still affordable and available.

Edited by dark bar 2012-03-08 10:12 AM
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ProfessorBB
Posted 2012-03-08 12:12 PM (#451628 - in reply to #451621)
Subject: Re: Fender's going public?



Joined:
January 2006
Posts: 5881

Location: Colorado Rocky Mountains		Even if an individual investor wanted to purchase some shares in this offering, it wold be very difficult. The institutional big boys will get the first crack at it.
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fillhixx
Posted 2012-03-08 7:16 PM (#451655 - in reply to #451621)
Subject: RE: Fender's going public?



Joined:
November 2005
Posts: 4832

Location: Campbell River, British Columbia		Wait! Now if the ENTIRE OFC membership kicked in just a few bucks each, I bet we could take an ownership position in Fender......

Will the NY Stock Exchange accept foreign currency?
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TAFKAR
Posted 2012-03-08 7:24 PM (#451657 - in reply to #451621)
Subject: Re: Fender's going public?



Joined:
April 2008
Posts: 2985

Location: Sydney, Australia		Hmmm, $200m divided by 10,000 members = $20k each. Divided by the 200 core members = $1m each. Not so doable.
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Old Man Arthur
Posted 2012-03-08 10:31 PM (#451667 - in reply to #451621)
Subject: Re: Fender's going public?



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR		If we coulda scrounged-up $200M we coulda bought Ovation before Fender ruined it.
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an4340
Posted 2012-03-09 3:51 PM (#451691 - in reply to #451621)
Subject: Re: Fender's going public?


Joined:
May 2003
Posts: 4389

Location: Capital District, NY, USA Minor Outlying Islands		I have no idea if this is a good / bad deal.
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