http://money.cnn.com/2004/04/26/news/fortune500/google_underwriters/index.htm: "A bank will typically receive 7 percent of the value of the initial public offering, but it's likely to be much lower with Google due to the reported size of the offering, which could exceed $20 billion, according to Richard Peterson, chief market strategist with Thomson Financial, which tracks IPO deals."
Josh
----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com> To: <lbo-talk at lbo-talk.org> Sent: Thursday, April 29, 2004 6:40 PM Subject: Re: [lbo-talk] happy days are here again!
> JW Mason wrote:
>
> >What happened to $20+ billion they were supposed to be raising just a few
> >days ago?
>
> The Reuters story says the pricing values the whole company at $20
> billion, which means, I'm guessing, they're only floating a piece of
> it.
>
> Doug
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