Blog Post

Eminence Capital Buys 8 Percent of Napster Shares

But don’t jump out of your seats yet…the investment group Eminence Capital said this was made for investment purposes and “not made for the purpose of acquiring the company,” it said in an SEC filing. Meanwhile, rumors on Napster’s imminent sale will probably be fueled even more after this.
Related: Napster’s Stock Up on Loudeye Sale; Is It Logical?