Google said that its long-awaited Alphabet restructuring will happen at the end of the day on Friday.
Update: It’s Official now, Google Becomes ‘Alphabet’.
After the closing of trading on Friday, Google’s Class A and C stocks will start trading as Alphabet Class C Capital Stock and Alphabet Class A Common Stock, on the Nasaq.
Company co-founder Larry Page has hoped that this restructuring will help the company to be more focused in new areas like healthcare and automobile.
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