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james11 · 10-09-2006, 05:42 PM

http://apnews.myway.com/article/20061009/D8KLB0A00.html

..."

SAN FRANCISCO (AP) - Google Inc. [link redacted] snapped up YouTube Inc. for $1.65 billion Monday in deal that catapults the Internet search leader to a leading role in the online video revolution. The all-stock acquisition unites one of the Internet's marquee companies with one of its rapidly rising stars.
The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history...."

Who knew $1.65B could seem small? ..... Consider googles' market cap is 130 billion... http://finance.yahoo.com/q?s=goog

10-09-2006, 05:42 PM	#16 (permalink)
james11 Flaccid Member Join Date: Oct 2006 Location: Las Vegas Posts: 9	stock purchase? http://apnews.myway.com/article/20061009/D8KLB0A00.html ..." SAN FRANCISCO (AP) - Google Inc. [link redacted] snapped up YouTube Inc. for $1.65 billion Monday in deal that catapults the Internet search leader to a leading role in the online video revolution. The all-stock acquisition unites one of the Internet's marquee companies with one of its rapidly rising stars. The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history...." Who knew $1.65B could seem small? ..... Consider googles' market cap is 130 billion... http://finance.yahoo.com/q?s=goog