Google going to launch a new company

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Returning in Aug, Google declared that some changes were going to be going on, and a new organization, Alphabet, was being established. Those changes are lastly going to take position at the end of company on Oct 2, as Google Investor Relations weblog has been modified with a declaration from the organization about the changes.

Google Inc. declared today that, pursuant to its previously declared plans to create a new public organization, Alphabet Inc., by applying a holding organization reorganization, it desires that the Alphabet Merging will near after the near of business on Oct 2, 2015. Google anticipates that stocks of Google Category C Investment Inventory and stocks of Google Category A Common stock will begin trading as Alphabet Category C Investment Inventory and Alphabet Category A Common stock, respectively, on the NASDAQ International Select Market on Oct 5, 2015. Shares of Alphabet Category C Capital Shares and stocks of Alphabet Category Common shares will continue to be exchanged under the same ticker signs under GOOG and GOOGL, respectively.

So, what will that mean for you? Not much. Look for Google will become a company of Alphabet’s, its solutions will stay in place and working the way that they are now. Android , YouTube, Look for and Charts all stay under the management of Look for Google, with companies like Look for Google Fibers, nest, Google X and others to be handled individual subsidiaries.

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