Google replenishes warchest with $2 billion

lifeboat

Google, the Mountain View search engine, plans to sell 5.3 million more shares, which will raise more than $2 billion at today’s stock price. Among the possible things it plans to do with the money: acquisitions of other companies (see filing, page S-2). So all the Silicon Valley start-up companies out there struggling by with no revenues can cling to hope. Google may yet be your liferaft.