Magazine

Table: Napster's Predicament

Posted on April 07, 2002

CASH CRUNCH

The online-music site is running low on cash and needs to raise more money to avoid further cutbacks.BUYOUT OFFER

Sources say partner Bertelsmann has made an offer to buy Napster for about $15 million. The media giant already has loaned $85 million to the company.FEUDING BOARD MEMBERS

Director John Fanning is suing two other board members and asking a Delaware judge to recognize two new board members.

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