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	Google Community Forum Index // Google as an Investment

intelliot
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Joined: 01 May 2004

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Posted: Mon Sep 13, 2004 7:34 pm Post subject: Google Stock Gobbled by Fidelity Investments

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Fidelity Investments, the world’s largest mutual fund manager, bought $549 million of stock in search engine Google’s IPO, about 23 percent of the shares offered during the initial public offering. Fidelity reported in a filing with the U.S. Securities and Exchange Commission that it now holds 5.21 million Google Class A shares. That’s about 16 percent of Class A stock and 1.9 percent of Google’s total shares outstanding.

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