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Google's Eric Schmidt to sell 42% of his shares over the next year. Sgt_Kickaxe msg:4544053 4:27 am on Feb 9, 2013 (gmt 0) Eric Schmidt is cashing out almost half of his holdings of Google shares, both class A and class B, over the next 12 months. The sale, at today's closing price, would earn him 2.5 Billion dollars. [ ...] torontosun.com
Schmidt, who served as Google's Chief Executive until 2011, currently owns roughly 7.6 million shares of Class A and Class B common stock. The shares represent 2.3% of Google's outstanding stock and roughly 8.2% of the voting power of Google's stock. Wow, his trip to Korea must have made quite an impression on him. (just teasing, but it might have)
Panthro msg:4544080 6:46 am on Feb 9, 2013 (gmt 0)
2.5 billion BeeDeeDubbleU msg:4544096 10:06 am on Feb 9, 2013 (gmt 0)
A lot of capital! ;) superclown2 msg:4544353 8:16 pm on Feb 10, 2013 (gmt 0)
Does he know something we don't?