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Wed, 10.30.1991

Black Entertainment Television is Listed on The NYSE

On this date in 1991, BET Holdings, Inc. was listed on the New York Stock Exchange.

BET Holdings, the parent company of Black Entertainment Television, sold 4.2 million shares of stock in an initial public offering on the NYSE that day.

This business transaction, owned by Robert L. Johnson, made BET the first Black company listed on Wall Street's "Big Board."

Reference:

BET.com

NGPF.org

New Poem Each Day

Poetry Corner

The enigmatic moon has at long last died. Even as the ancient Cathedral Saint Louis Peals has lazy call To a sleepy solemn worship, Night’s mysterious shadows reveal their secrets And rise into nothingness As... STEVEDORE by Leslie M. Collins.
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