Warner Music Group’s IPO Confirms Wall Street Interest

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Warner Music Group recently tested it’s strength as a public company. This after announcing its first public offering on Feb.6, 2020.

The offering came 6 weeks after a competitor announced their Tencent deal. That competitor being Universal Music Group.

UMG would be valued at $23.5 billion by Goldman Sachs in August 2017. Universal’s Tencent deal would provide the inspiration for Warner to explore their options.

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