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Google underwriters voice doubts on IPO
Tensions are rising among some underwriters of Google's controversial IPO
christopher w




msg:1238562
 2:45 pm on Aug 9, 2004 (gmt 0)

From the Financial Times:

Tensions are rising among some underwriters of Google's controversial initial public offering, making it more likely that the unusual stock sale's terms will be revised.

Some of the underwriters privately argue that the offering should even be delayed or restructured to make it appeal to a broader group of investors.

However, the internet search engine and its lead banking advisers, Credit Suisse First Boston and Morgan Stanley, have given no indication that they are reconsidering.

Full article here:
[news.ft.com...]

 

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