Former Google chief in $1.5bn share sale

Former Google chief executive Eric Schmidt plans to sell up to 2.4 million shares of stock currently worth nearly $1.5bn (€1.14bn).

Former Google chief in $1.5bn share sale
Sat, 18 Feb, 2012 - 08:35

Former Google chief executive Eric Schmidt plans to sell up to 2.4 million shares of stock currently worth nearly $1.5bn (€1.14bn).

Mr Schmidt, now Google's executive chairman, intends to stagger the sales of the stock over a one-year period. Google disclosed his plans in a regulatory filing.

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