Google IPO will defy Wall Street's traditional rules
Article Abstract:
Google has filed for an initial public offering for $2.7 billion with the Securities and Exchange Commission and the company is predicted to be $20 billion worth after the issue is over. The founders Larry Page and Sergey Brin have written in their letter of intent that they to provide best service to the world in the manner in which the company at present does, they will control the decision-making. The move is not common among the technology companies.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2004
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Google IPO could net $3.3B; Ask Jeeves deal extended
Article Abstract:
The initial public offering by Google is expected to generate $2.7 - $3.3 billion at an offer price of $108 - $135 per share. The paid search distribution agreement between Google and Ask Jeeves has been extended up to 2007. The company has reported its second quarter net income has doubled at $79 million from last year's $32.2 million.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2004
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Search firms ride Google's IPO wave
Article Abstract:
Google earned 64 million dollars in the first quarter of 2004. It expected record-setting stock offering that led investors to pour money into a range of search-related companies including Mama.com, a Montreal-based metasearch engine that raised 16.6 million dollars in a stock sale to private equity investors.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
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