Google to raise $2 billion in share sale
Google yesterday said it will sell 5.3 million shares and raise about $2 billion, to meet demand from index funds, following its recent inclusion in the S&P 500 index.
AdvertisementIt’s the second time the company has sold shares since its initial public offering in 2004. Last year, the firm raised $4.2 billion in a follow-on offering.
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