Google prices offering of 5.3 mln shares at $389.75 - Yahoo! News

Google prices offering of 5.3 mln shares at $389.75 - Yahoo! News:

"Google...said it would sell as many as 5.3 million shares to offset the impact of its inclusion in the widely held Standard & Poor's 500 Index.

It will be the second follow-on offering Google has made since it went public in August 2004 at $85 per share. Google's share price has more than quadrupled since then, resulting in the amount raised from the two secondary offerings outstripping proceeds of the IPO."