motley-fool

Google wants everything and a pony

ndouglas · 03/30/06 11:15AM

Tsk, tsk, Google got greedy again. Just as it closed on buying 5% of AOL, just after being tapped for the S&P 500, and just after an ample little jump in its stock price, Google announced a $2 billion stock sale. Its reasoning: Once we're on the S&P, let's not make the index funds buy their stocks on the open market as they usually do.