Brin, Page To Sell 10 Million Shares Of Google Stock

Courtesy WebProNews - Financial  Mon, 01/25/2010 - 08:45

Sergey Brin and Larry Page are going to become much closer to their financial advisors over the next five years.  Google disclosed in a regulatory filing late last week that the cofounders each intend to sell about 5 million shares of the company's stock during that period of time.

Google LogoTo address one possible concern: This is no way signals that Brin and Page are abandoning Google.  Even after the 10 million shares are sold, the pair will still own...


 

Related items

Google chairman Schmidt agrees to testify at Senate...
Google chairman Eric Schmidt has agreed to testify at a September hearing in front of the Senate Judiciary Committee Antitrust subpanel. Google had earlier declined an invitation from the...

Page makes CEO debut at Google stockholder meeting
It was hard to tell at Google Inc.'s annual meeting Thursday that the Internet search leader had a new CEO in co-founder Larry Page, who took the job from Eric Schmidt two months ago.

Google Co-Founder Larry Page to replace Eric Schmidt...
In addition to announcing their quarterly earnings on Jan. 20, Google dropped somewhat of a blockbuster. CEO Eric Schmidt is no longer CEO, instead being replaced by co-found Larry Page,...

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com