Google to raise $2 billion in share sale

12:46 - Friday 31 March 2006 by From the Web
Source: Tom's Hardware – Keywords: google, stock, sale Category : Miscellaneous

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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