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IPO Papers Might Come for Google

Published Apr 23, 2004 4:30 pm : Updated Jan 31, 2009 4:30 pm

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.

This post was last modified on 01/31/2009 4:30 pm