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You are here: Home / General / Fender Pulls IPO

Fender Pulls IPO

July 22, 2012 by Josh

This past week, Fender canceled their planned IPO. USA Today is reporting the reason as uncertain market conditions:

Fender CEO Larry Thomas said current market conditions and Europe’s ongoing economic woes wouldn’t support an IPO that values the company appropriately.

I’m glad to see them pull this back, for now. I wouldn’t be surprised to see them try this again in the future, but I’d personally like to see Fender remain a private company.

Filed Under: General Tagged With: Fender

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Celebrate - Educate - Inspire
Hello, and welcome to the Guitar Lifestyle guitar blog! My name is Josh, and I thank you for visiting this site. I am a guitar player based in Nashville, TN, aka Music City, USA. Read More...

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