Google sets IPO price range
Google has set the price range for its initial public offering, putting itself in line to raise as much as US$3.3 billion. “The search giant set a price range of $108 to $135 a share,” reports CNET News.com. “Based on those per-share numbers and the expected issuance of 24.6 million shares, the search giant hopes to raise between $2.7 billion and $3.3 billion. That would make it among the largest-ever IPOs.
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