globeinvestor.com

Breaking News from The Globe and Mail

Monday, July 12, 2004

SAN JOSE, Calif. — Google Inc. plans to list on the Nasdaq National Market for its impending initial public stock offering, according to a filing Monday with the U.S. Securities and Exchange Commission.

The $2.7-billion (U.S.) offering for the online search engine company promises to make the biggest IPO splash yet in the post-dot-com era and is expected to give the Mountain View, Calif.-based company a market value of at least $20-billion.

Thirty brokerage houses have teamed up to conduct the on-line public auction that Google plans to use to set its offering price.

Google officials did not specify a date for its IPO or a ticker symbol in the SEC filing.

© The Globe and Mail