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NEW YORK Google and its stockholders plan to sell nearly 24.6 million shares in the company’s initial public offering for $108-135 per share, according to an amended prospectus filed with the Securities and Exchange Commission this morning.
At that rate, the auction-style IPO, led by Morgan Stanley and Credit Suisse First Boston, could be worth $2.7-3.3 billion. Google plans to offer 14.1 million shares, while its stockholders are expected to sell another 10.5 million.
The shares will be sold on the Nasdaq under the symbol “GOOG” and could be delivered to purchasers as early as next month.
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