BET comes to Wall Street

Date: 
Wed, 1991-10-30

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 that day on the NYSE.

This business transaction made BET the first African American company listed on Wall Street's "Big Board."

Reference:
The Associated Press
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