Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Google Announces Prices of Class A Stock

Posted on 3-Apr-2006 07:25 by H Willan | Filed under: News


Google has announced the pricing on its 5,300,000 of Class A common stock, at US$389.75 per share. This pricing will generate US$2.065 billion for the company.

Proceeds from the offering will be used for general corporate purposes, including working capital and capital expenditures, and possible acquisitions of complementary businesses, technologies or other assets.

Goldman, Sachs & Co. will act as the sole underwriter for the offering.