[Reuters] Google's Schmidt to sell roughly 42 percent of stake

Posted by: UGN Security

[Reuters] Google's Schmidt to sell roughly 42 percent of stake - 02/09/13 12:50 AM

SAN FRANCISCO (Reuters) - Google Inc Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall.