Google sets IPO price range

— 11:21 AM on July 26, 2004

Google has set a share price between $108 and $135 for its initial public offering. With over 24 million shares on the block, the IPO could net Google over $3 billion. The Google IPO will proceed as a "Dutch auction," with would-be investors placing bids for the number of shares they'd like to buy at a price they'd like to pay. No date has been set for the IPO. Thanks to TR regular Logan[TeamX] for the tip.

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