The company also says it won't go public this year. (ibtimes.com)
The legal action is bad news for the music streaming service, which is going public this year at a value of as high as $ 20 billion. (techtimes.com)
When Microsoft eventually went public years later Bill Gates alone owned nearly 50 % of the outstanding shares because the business did not require a lot of externally provided capital to grow. (25iq.com)