By Jill Goldsmith Warner Music Group filed with the SEC Tuesday to launch an initial public offering of 70 million shares priced from $23-$26 dollars — raising up to $1.82 billion at the upper end of the range.
Billionaire investor and Warner Music owner Len Blavatnik’s Access Industries and other stockholders are the ones selling the shares — called secondary shares — meaning the proceeds won’t go to the company.
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