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Event Brief

Alphabet Loses Control of Life Sciences Unit Verily

Alphabet's Verily restructures as it raises $300 million, changing to a corporation and reducing Alphabet's stake.
WHO: Alphabet
WHAT: restructuring and raising funds
WHEN: Mar 19, 2026 at 6:17 PM ET
WHERE: USA
WHY: to change from an LLC to a corporation and rename itself Verily Health Inc.
Sources (1): Engadget

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