Search Firm Cashes in on Google Warrants

Executive search firm Heidrick & Struggles International Inc. on Friday said it earned nearly $130 million by selling Google Inc. stock it got as payment for finding the Internet company a new CEO in 2001.

When Google made its long-awaited public debut on Aug. 19, Heidrick and Struggles exercised its 3-year-old warrants to buy about 1.2 million Class B shares for 30 cents apiece — a small fraction of Google’s opening-day share price of $100.01 on the Nasdaq. More

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