Friday, October 2, 2015

Instant Alert: Google will officially become 'Alphabet' today

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

Google will officially become 'Alphabet' today

by Jillian D'Onfro on Oct 2, 2015, 10:56 AM

Larry PageGoogle is officially becoming Alphabet after markets close Friday, the company reports.

Here's the full statement:

Google Inc. announced today that, pursuant to its previously announced plans to create a new public holding company, Alphabet Inc. (“Alphabet”), by implementing a holding company reorganization (the “Alphabet Merger”), it expects that the Alphabet Merger will close after the close of business on October 2, 2015. Google anticipates that shares of Google Class C Capital Stock and shares of Google Class A Common Stock will begin trading as Alphabet Class C Capital Stock and Alphabet Class A Common Stock, respectively, on the NASDAQ Global Select Market on October 5, 2015. Shares of Alphabet Class C Capital Stock and shares of Alphabet Class A Common Stock will continue to be traded under the same ticker symbols under GOOG and GOOGL, respectively.


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
Email sent to: nguyenvu1187.love5@blogger.com   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

No comments:

Post a Comment