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Google Sets Registration Deadline
By Jeremy Muncy
Staff Writer
Article Date: 2004-08-10
Search engine giant, Google Inc., announced today that they would be closing bidder registration for its Dutch auction-style IPO in two days.
With the closing just days away, Google could begin accepting bids for the 25.7 million shares as early as Friday.
Google is using a modified version of a "Dutch auction" in order to give investors better access to its stock by taking bids for the price that potential investors are willing to pay and the number of shares they want to buy, according to reuters.com.
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About the Author:
Jeremy Muncy is a staff writer for WebProNews.com
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