Google announced on Friday that, in accordance with previously announced plans to set up a new holding company Alphabet, companies today United States officially changed its name to Alphabet after the market closed. Google expects Alphabet of the restructuring will be completed October 2, 2015, after the close of business. Google said that from October 5, 2015, the NASDAQ stock market opens up, Google's class a shares and class c shares will be automatically converted to the Alphabet a-Alphabet and class c shares. Alphabet a-class and c-class shares will continue their securities code "GOOGL" and "GOOG". Moschino retina iPad mini case
Google announced in August this year, reorganization of the company structure, created by a company called Alphabet mother company Google (Google, including search, YouTube, and other network affiliates) separation of investment and research and development departments, becoming Alphabet wholly-owned subsidiaries.
Google said at the Alphabet will replace Google as publicly traded entities, all Google shares will automatically be converted to the equivalent number of Alphabet stock, and have the same voting rights.
People familiar with the matter said, create the Alphabet, because Google co-founder Larry page (Larry Page) worry that companies become increasingly complex and affected Google's ability to develop other potential business, such as transportation, health care and communications.
Previously reported, under the new operating structure, Alphabet under each sector has its own recruitment right, write your own contract, plan your own marketing plan, all this is in order to respond fast to market.
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