iEntry 10th Anniversary RSS Newsletter Advertising
Visit Twellow.com

Google Expects IPO To Be Completed Soon

Post to Twitter Post to Facebook

Google, the most widely used search engine today, is hoping to complete the final testing phase in order to go forward with its highly anticipated IPO. Google announced its intentions to go public on April 29th. The offering is expected to raise $2.7 billion.

Because Google plans on using the Dutch auction method when offering its stock, the brokerage houses involved with the IPO have had an increased workload in order to accommodate the search company. Google has asked/demanded that banks involved with the IPO be networked together, while also being linked to Google's central order book.

The search engine would like to have systems available for a full-scale test run by July 16. Once these tests are successfully completed, Google would like to proceed with the actual offering, although SEC regulators could impose a further delay.

Chris Richardson is a search engine writer and editor for WebProNews. Visit WebProNews for the latest search news.

News Tags: Search, Google, WebProNews, News, ipo
About the author:
Chris Richardson is a search engine writer and editor for WebProNews. Visit WebProNews for the latest search news.

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Featured Headline
Fake Chrome OS Screenshots Punk Tech Media
Mystery Blogger Comes Clean
3 comments | 9 hours ago
 
Subscribe to WebProNews


Send me relevant info