More IPO Drama Expected at Bertelsmann Though Bertelsmann executives have announced publicly that they are prepared for a public offering of shares in the company by minority owner Group Bruxelles Lambert, the FT reports that the controlling Mohn family is not at all prepared. One former company executive tells the paper, “For Liz Mohn it’s a dynastic question. She doesn’t want outsiders peering in because she fears for her children’s careers. That’s the battle for Bertelsmann of these last years.” But if Bertelsmann wants to buy out their partners, it’s estimated they would have to pay between 5 billion and […]
