The co-founds of Google, Larry Page and Sergey Brin, have filed documents with Securities and Exchange Commission revealing a “diversification” sale of their stock valued roughly at $5.5 billion dollars over the next 5 years.
This sale will ultimately cut the founders voting power in the Google from 50% to 48%. Is this decision telling us something about the long term outlook for Google? Or are the founders ready to cash in and relinquish some voting power, in exchange for lots of cash? [source: MarketWatch.com]