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Google Settles Stock Split Lawsuit

google-money

Google announced its intention to issue Class C stock last year, however the Brockton Retirement Board and shareholder Philip Skidmore sued the firm, claiming that the firm's co-founders engineered the stock split to keep control of the firm. Google announced its intention to issue Class C stock last year, however the Brockton Retirement Board and shareholder Philip Skidmore sued the firm, claiming that the firm's co-founders engineered the stock split to keep control of the firm. 0 Comments

Google Reports $10.65 Billion in Q1 2012 Revenue, Proposes New Class of Stock

Google 2012 Earnings

Google’s Q1 2012 earnings call is underway and the search goliath has reported a new record $10.65 billion in revenue. Also, Google plans a stock split, to create new non-voting shares that will be distributed to existing shareholders. Google’s Q1 2012 earnings call is underway and the search goliath has reported a new record $10.65 billion in revenue. Also, Google plans a stock split, to create new non-voting shares that will be distributed to existing shareholders. 0 Comments