22.4.12

Google Stock Split Cement Founders Control

Google announced that it would split its stock between voting and
non-voting shares. The new shares, which will be listed on the NASDAQ
exchange, will allow the search-engine company's founders, Larry Page
and Sergey Brin, along with the chairman, Eric Schmidt, to maintain a
controlling stake. A bet on Google is now a bet that its bosses will
stay sharp indefinitely.

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