sublime1184
10-09-2006, 8:14 PM
Article (http://articles.moneycentral.msn.com/Investing/CNBC/Dispatch/GoogleBuysYouTube%20(1052484).aspx?GT1=8689)
Google will pay $1.65 billion in stock for the online video company, which has been in business for a little less than two years.
The price makes YouTube by far the most expensive purchase made by Google during its eight-year history. Last year, Google spent $130.5 million buying a total of 15 small companies.
I see shades of Microsoft.
Google will pay $1.65 billion in stock for the online video company, which has been in business for a little less than two years.
The price makes YouTube by far the most expensive purchase made by Google during its eight-year history. Last year, Google spent $130.5 million buying a total of 15 small companies.
I see shades of Microsoft.