Google files for another public offering
Google said Thursday it filed a request to sell 14,159,265 shares of its Class A common stock.
In a news release, the Internet search-engine company said the public-offering proposal has been filed with the Securities and Exchange Commission but has not yet been approved.
The deal, if it goes through, would be worth about $4 billion, with the company's share price currently around $285.
"We may use proceeds of this offering for acquisitions of complementary businesses, technologies, or other assets," Google said in its filing.
Copyright 2005 by United Press International
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Google files for another public offering (2005, August 18)
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