-- Google Finance, Govt, Policy and Business Issues
---- Google considers online IPO auction
amoore - 9:32 pm on Oct 23, 2003 (gmt 0)
According to this article [news.ft.com] out today on the Financial Times:
Google is considering holding a massive online auction of shares early next year in an initial public offering that investment bankers predict could value the internet search-engine company at more than $15bn.
An electronic auction would be designed to prevent a recurrence of the sort of financial scandals that have engulfed Wall Street since the collapse of the dotcom bubble, according to a person close to the company.