Google Closing in on IPO: Audit Results Move Google a Step Closer to Offering

From the NYTimes:

Google has cleared one of the last remaining hurdles in its closely watched effort to sell shares to the public, people close to the company said Monday, receiving a clean bill of health in a company-paid audit certifying its compliance with the requirements of the Sarbanes-Oxley law approved by Congress in 2002 in response to the wave of corporate scandals. The report is a crucial step in Google’s carefully staged path toward an initial public offering that is expected to take place this spring. Google’s board has been awaiting the report before giving the final go-ahead for the company to file a formal stock registration with the Securities and Exchange Commission, according to several executives involved with the process.

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