News Brief

Google Chooses Bankers, Prepares For Filing

Google chose Credit Suisse First Boston and Morgan Stanley to lead an initial public offering (IPO) that will likely be announced on Thursday when the company must file financial documents with the Securities and Exchange Commission. The Mountain View, Calif.-based company's price tag could fall anywhere from $15 billion to $25 billion. Google is likely to officially file for the IPO on Thursday when it files financial documents per SEC regulations for companies exceeding 500 shareholders, 1,000 employees, and $10 million in assets.
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