Monday, July 26, 2004

Google aims high with IPO

NYT: Thee popular Internet search company, which is planning to sell shares to the public in an unconventional auction, expects its shares to sell for $108 to $135 each.
That would value the company between $29 billion and $36 billion. That is just shy of the $37 billion value of Yahoo, a larger and far more mature Internet company. The most valuable Internet company, eBay, is worth $49 billion.

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