The funds would add to Google’s warchest in the battle for Internet advertisers and eye balls against Microsoft Corp and Yahoo Inc. Last month, Google said that it may make some acquisitions.
The underwriters of the issue have an option to purchase up to 600,000 additional shares from Google to cover over-allotments, if any.
Morgan Stanley & Co Inc and Credit Suisse First Boston LLC were joint book-running managers for the offering. Allen & Company LLC, Citigroup, JPMorgan, Lehman Brothers, UBS Investment Bank, Thomas Weisel Partners LLC, and Blaylock & Company Inc were co-managers.
