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MCS uses stock issue to boost US presence. (News).

Music Week

| January 19, 2002 | COPYRIGHT 2002 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Publishing group Music Copyright Solutions (MCS) plans to leave its Ofex issue open for a "few more weeks" to add to its acquisition fund, which was used last week to buy Nashville-based Copyright Management Inc (CMI).

MCS chairman Brian Scholfield says the group has already raised 1.75m [pounds sterling] since launching on the market at the end of last year with around 1.25m [pounds sterling] of that going on the US copyright administration company. However, he says MCS hopes to raise a total of 2.2m [pounds sterling] with ...

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