Google is delaying its IPO by a week because of logistical problems related to institutional investors registering to bid on the shares, according to a person familiar with the matter.

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A delay for Google’s $3 billion IPO would push the deal later into a month that is traditionally light on IPO volume. Underwriters try to avoid coming to market at the end of August because many investors and underwriters are on vacation then.

Source : Wired News

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