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Google Stock Split Cement Founders Control

April 22, 2012

Google announced that it would split its stock between voting and non-voting shares. The new shares, which will be listed on the NASDAQ exchange, will allow the search-engine company’s founders, Larry Page and Sergey Brin, along with the chairman, Eric Schmidt, to maintain a controlling stake. A bet on Google is now a bet that its bosses will stay sharp indefinitely.

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