Quantcast
help information
Partly Cloudy
73.6 ° F
Full Weather

IPO Papers Might Come for Google

Online search engine Google may be on the verge of pursuing an initial public offering.

An obscure Security and Exchange Commission rule requires privately-held companies to open up their books after reaching a certain size.

That means the Mountain View-based company may be forced to file its I-P-O papers next week.

If the company files its papers, it will end months of speculation about how much the business is worth.

Industry observers have estimated Google´s value to be between 12 billion dollars and 20 billion dollars.