Ellie K writes: After 500 years, Britain announced plans to fully privatize Royal Mail today. Shares of stock (common equity) will be offered to the public "in coming weeks", according to Reuters. 10% of shares will be given to current Royal Mail employees, Deal size is estimated at $US 3 to 4.7 billion. Goldman Sachs and UBS were chosen as lead advisers.
The computer is to the information industry roughly what the
central power station is to the electrical industry.
-- Peter Drucker