Google To Issue $2 Billion of Stock

Bank of New York reportedly to sell 300 branches to Chase; Nasdaq Stock Market retracts bid for LSE; plus more stocks in the news Thursday

Google (GOOG) intends to issue 5.3 million CL. A shares. It says this offering will partially meet the expected needs of index funds to purchase Google Cl. A common stock when it is added to the S&P 500 Index at the close of trading March 31.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.