Article Doesn't Stop Google IPO; Playboy Piece Added to Prospectus
Written by power
@ 11:32 PM
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Saturday, August 14, 2004
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In Google's defense, Sergey Brin and Larry Page gave the interview four months ago, shortly before the company announced plans to go public. But the timing of the publication raises questions about whether the pair violated "quiet period" rules for companies planning an IPO.
Google went ahead with the start of its controversial stock auction as planned yesterday.
But the row over the founders' interview with Playboy magazine refused to go away. The company was forced to take the unprecedented step of amending its prospectus to include a copy of the article -- believed to be the first time a Playboy item has become part of the Securities and Exchange Commission record.
Google also had to clear up several errors made by Sergey Brin and Larry Page in the piece.
But the row over the founders' interview with Playboy magazine refused to go away. The company was forced to take the unprecedented step of amending its prospectus to include a copy of the article -- believed to be the first time a Playboy item has become part of the Securities and Exchange Commission record.
Google also had to clear up several errors made by Sergey Brin and Larry Page in the piece.
1 Comments:
Not a good move for them this.
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