Thursday, December 01, 2005

NBC11.com - TechNow - Stanford Profits From Google Deal

NBC11.com - TechNow - Stanford Profits From Google Deal

Owning the shares of Google is turning into a windfall for Stanford University.

After receiving nearly $2 million shares in a licensing deal after Google went public, Stanford has made $336 million from the stock.

A university official says the biggest portion of its windfall came in the second of two sales. Stanford won't say when it made its second sale, or what it got for the stock.

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