Posted on 20/04/04
Google should search for a better IPO method than a Dutch auction
Wall Street is intoxicated by Google. The Internet search company's initial public offering could raise $2-billion (U.S.) and value the business at $20-billion. The Google IPO announcement is thought to be imminent and the rumours say the underwriters have already been chosen. What is still a mystery is how the potential record-breaking deal will be sold. This is where the firm that has done everything right in its six years of existence could stumble.
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