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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?

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