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Tuesday, January 06, 2004
Google Hires Investment Banks for IPO
Google came one step closer to going public yesterday when Bloomberg reported that the search engine had hired two investment banks to arrange its IPO.
Both Morgan Stanley and Goldman Sachs Group Inc. have been hired to help the company with the process, which often involves several investment banks. The company could go public as early as springtime.
According to the article, the fees generated from the IPO could be as much as $280 million.
Posted by
Adam
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