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...Beatles are not only an institution but a business-and their profits are strictly fabmost. This week they joined the rank of the financial mighty when one of their firms was listed on the London Stock Exchange. The corporation: Northern Songs Ltd., sole publisher of the songs of Beatles John Lennon and Paul McCartney. Northern Songs offered 1,250,000 shares at an initial price of $1.08 each, and the scramble to pick them up was likely to reach Comsat proportions...

Author: /time Magazine | Title: World Business: Buying the Beatles | 2/19/1965 | See Source »

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