Google settles suit, clears way for stock split (Update)
Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class of non-voting shares later this year.
Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class of non-voting shares later this year.
(AP) Google shareholders gave CEO Larry Page what he wanted Thursday by approving an unconventional stock split meant to cement his authority, but he wasn't around to hail the victory.