Times Online - Business
The Google IPO was in the news again. First the firm ammended its prospectus to warn that the Dutch Auction process they are using may result in a stock price decline after the issue.
The second interesting story is that they dropped Merrill Lynch from the IPO syndicate. Why? Officially no one is saying, but the speculation is that ML's computer system was unable to do what the people at Googlle wanted (supposedly to make sure enough shares were going to individual investors).
BTW Recap of Google IPO story is here