G is for Google and C is for Conglomerate. This is how the markets learned their Google was becoming Alphabet one Monday afternoon in August 2015 - and why. Google Inc. (GOOGL), which reinvented the way the world accesses information, gave formal notice to Wall Street of its intentions to become a technology conglomerate by announcing a new parent entity – Alphabet Inc.,– that unites its widening interests and product lines. Read More...
Why Google Became Alphabet
G is for Google and C is for Conglomerate. This is how the markets learned their Google was becoming Alphabet one Monday afternoon in August 2015 – and why. Google Inc. (GOOGL), which reinvented the way the world accesses information, gave formal notice to Wall Street of its intentions to become a technology conglomerate by announcing a new parent entity – Alphabet Inc.,– that unites its widening interests and product lines.
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