Google IPO Still On Despite Interview
From Associated Press
Google Inc. forged ahead with its IPO auction, even as the online search engine leader acknowledged that a magazine interview with its founders contained misleading information.
The admissions, made in a company filing with the Securities and Exchange Commission, enabled Google to avoid a last-minute delay in its long-awaited initial public offering, according to a source familiar with the company’s negotiations with the SEC.
The revised IPO documents corrected several inaccurate statements made by Larry Page and Sergey Brin. Google also took the unprecedented step of including the entire Playboy interview in its revised IPO statement to set the record straight so its auction could continue.
