Google Plans to Sell Another 5.3M Shares
An AP newswire article by Michael Liedtke, via SFGate.com, reports that:
Google Inc. filed plans Wednesday to sell another 5.3 million shares of its prized stock, hoping to raise more than $2 billion to finance its expansion plans and pay for possible acquisitions.More here.
It marks the second time Google has returned to the stock market for more money since its ballyhooed initial public offering at $85 per share in August 2004.
posted by Fergie @ 3/29/2006 03:56:00 PM
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