Tag: Stock
Posted by
felix 1 year 6 months ago
Google announced that it has closed its acquisition of YouTube.
In connection with the acquisition Google issued an aggregate of 3,217,560 shares, and restricted stock units, options and a warrant exercisable for or convertible into an aggregate of 442,210 shares, of Google's Class A common stock.
The number of shares of Class A common stock issued and issuable by Google was calculated by dividing $1.65 billion less certain amounts (around $15 million) funded to YouTube by Google between signing and closing by the average closing price...
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Shelby Bonnie, chairman and chief executive of technology news publisher CNet Networks Inc., has resigned following a review of the company's stock-options practices, the company said Wednesday.
The company named Neil Ashe as its new chief executive, effective immediately.
CNet said a special committee established to investigate the company's past granting of stock options found instances of backdating, a practice that can inflate the potential windfall to recipients when options are exercised. The company said a number of executives,...
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Google shares rose to their highest in more than five months ahead of the Internet search company's announcement after the closing bell that it would pay $1.65 billion in stock for YouTube.
While shares of the acquiring company usually drop following a takeover announcement, Google stock's rose in extended trading, suggesting investors believe the deal is attractive.
"This is a very good move for Google strategically as it opens to them the possibility to grow in one Internet area where they were not very big -- that is, video," said...
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Apple said in a filing on Friday that Google CEO Eric Schmidt has declined stock options offered to new directors and will instead buy shares on the open market. The company said that Schmidt turned down the automatic stock option grant to purchase 30,000 shares, to which new directors are entitled to under a company stock option plan. Instead, Schmidt intends to purchase 10,000 shares of Apple stock on the open market.
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