Fender Squashes Rumors About Possible Sale of Company
June 9, 2004
Fender Musical Instruments Corporation
(FMIC) announced today that, contrary to recent reports, the musical
instrument manufacturer is not for sale.
"As you may be aware, an article has recently appeared in a number of
financial publications in which there is reference made to the potential
sale of Fender Musical Instruments Corporation," said Bill Schultz, chairman
and chief executive officer of FMIC. "I want to make sure that you hear
this straight from me; this article is completely erroneous, and FMIC is not
for sale."
From time to time, FMIC conducts a valuation process to determine the
current financial state of the company. This is something it has done over
the years, and something it will continue to do periodically.
Added Schultz, "Current ownership of Fender Musical Instruments Corporation
is intact, and it will continue to remain as such."
For more information, visit their web site at www.fender.com. | 
