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Google To Acquire YouTube for $1.65 Billion in Stock

Posted by Yaser on October 10, 2006

announced that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction. Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community. Read the rest of this entry »

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