UPDATE: ICG Group's Channel Intelligence to Be Acquired by Google for $125M in Cash

ICG Group, Inc. (Nasdaq: ICGE ) ("ICG") is pleased to announce that one of its consolidated companies, Channel Intelligence, Inc. ("CI"), has entered into a definitive agreement to be acquired by Google Inc. (Nasdaq: GOOG ) for $125 million in cash. The transaction, which is subject to customary closing conditions, is expected