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GOOGLE HAS JUST announced a major overhaul of its corporate structure.
As part of the change, the company that used to be called Google is going to become a new holding company called Alphabet.
Shareholders will get one Alphabet share for every Google share they previously owned.
The executives in charge of Alphabet will be the same execs in charge of Google today — CEO Larry Page, President Sergey Brin, Executive Chairman Eric Schmidt, CFO Ruth Porat, and chief counsel David Drummond.
Alphabet includes the following entities:
Here’s how the transition will happen:
Later this year, Google intends to implement a holding company reorganisation (the ‘Alphabet Merger’), which will result in Alphabet owning all of the capital stock of Google.
Alphabet will initially be a direct, wholly-owned subsidiary of Google. Pursuant to the Alphabet Merger, a newly formed entity (‘Merger Sub’), a direct, wholly-owned subsidiary of Alphabet and an indirect, wholly-owned subsidiary of Google, will merge with and into Google, with Google surviving as a direct, wholly-owned subsidiary of Alphabet.
Are you still with us?
Each share of each class of Google stock issued and outstanding immediately prior to the Alphabet Merger will automatically convert into an equivalent corresponding share of Alphabet stock, having the same designations, rights, powers and preferences and the qualifications, limitations and restrictions as the corresponding share of Google stock being converted.
More information is available here.
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How does it even cross someone’s mind to complain about a fairly humorous ad. Stop the world and let me off.
@Colin Howard: I’m even more surprised that some saddos complaint was upheld. If someone wants to eat a bucket of KFC that’s their choice.
@Jp Cleary: you will do as you’re told or we’ll do U for hate speech…now line up for your booster vaccination!
@Jp Cleary: problem is someone will eat that amount have a heart attack and sue them
@Rafa C: they can only sue if Colonel Sanders personally force feeds them a Bargain Bucket and they have a heart attack
@Colin Howard: it’s almost like people have been makimg stupid complaints for decades, or don’t you remember mail bag?
@damien leen: Justice for everyone that was slightly inconvenienced 3 years ago!
@Rafa C: don’t be da ft
Seriously, do people have nothing to do……..I guess the person who complained and the body who decided to uphold the complaint are the reason why a packet of peanuts needs a “may contain nuts” warning!
@Jean C: Some manufacturers voluntarily include a separate advisory statement, such as ‘may contain’ or ‘produced in a facility,’ on their labels when there is a chance that a food allergen could be present. A manufacturer might use the same equipment to make different products. This is why (multi-product producing) companies may have ‘may contain nuts’ on a packet of nuts.
People need to grow up,
@Val Kane: My thoughts exactly. Nothing could be more childish than eating huge portions a bucket!
@Val Kane: grow up or out the way
Nanny, nanny please protect me from everything
It doesn’t matter about other people as long as I’m safe.
@Pato: and again
Absolutely Ridiculous. The complainant needs to get a life!
No fun to be had anymore…It has been decreed that all Irish people henceforth are to be po faced at all times.
@JP: You class being able to view that ad as fun?! Wow.
Im just in from KFC.. the chicken was wonderfully cooked.. no complaints from Mise or my children nom nom nom..
How is 3 pieces of chicken too much for 1 person? Must have been someone jealous that they dont have a kfc in their area
What a load of nonsense.
Just ban laughter and enjoyment and be miserable all the time
God I miss the days where companies didn’t heed to every trivial little complaint… tired of this era of outrage and sensitivity.
Clearly the complainant is a chicken.
The world has gone mad. Now I have my food ads controlled by some loon who sits and times how long it will take to eat a bucket of chicken
The complaint may have come from the fiance waiting at the church
@bernie hennessy: brilliant.
the reply should of been feck off.
I think many people would easily clear a bucket of chicken by themselves, I know I would.
But continue bombarding us with adverts for booze, gambling and energy drinks?
Having to boil drinking is not safe…….
This is a serious issue for some of our population suffering from Obesity. The advertising watchdog has rightfully upheld this complaint.
@RIP: triggered easily it seems
@RIP: Maybe some of our population suffering from obesity should employ common sense. “I’m overweight cos the telly told me it was okay to eat 2000 calories of fried chicken as a regular meal”. Give me a break.
FFS
@John Garrigan: FCK
Name the person that made the complaint. They obviously need the attention so give it to them.
If this was a complaint, just delete the emaill and move on ffs, the world is gone bonkers
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