The Guardians take on possible IPO:
MediaGuardian.co.uk | New media | Stock and search: "The only reason it really needs publicly quoted shares is to make acquisitions. That would go completely against the philosophy of largely organic growth that has made the company what it is today. Once it is quoted, it will have to meet Wall Street pressures to improve quarterly earnings instead of doing its own thing at its own pace. When you sell your soul, don't expect to retain your freedom. "