Compact discs were replacing records when Jeff and Mark Bass took a chance on a young white rapper named Marshall Mathers. Eminem, as he’s known, blossomed into one of the world’s most popular musicians.
Now the brothers, who still own part of Eminem’s catalog, want to cash in. They’ve agreed to sell up to 25 percent of their interest to Royalty Flow, which will buy the stake with money raised in what’s called a mini initial public offering, company executives said. They plan to file Monday with the U.S. Securities and Exchange Commission to sell shares to the public in a Regulatory A+ offering and will ultimately seek an exchange listing.