Google has set the price range for its initial public offering, putting itself in line to raise as much as US$3.3 billion. “The search giant set a price range of $108 to $135 a share,” reports CNET News.com. “Based on those per-share numbers and the expected issuance of 24.6 million shares, the search giant hopes to raise between $2.7 billion and $3.3 billion. That would make it among the largest-ever IPOs. The company plans to list its shares under the ticker GOOG, according to the filing. Google has already registered to trade on the Nasdaq exchange. No date has been set yet for the IPO.”
