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| UPDATED: 2006-11-08 |
FTC Approves Google/YouTube Sale
By: Nathan Weinberg 2006-11-08 The FTC has approved Googles aquisition of YouTube. Now, Google can give YouTubes founders their $1.65 billion in Google stock. Link: The FTC has approved Of course, since the purchase was based on a 30-day average that puts it somewhere between $378.49 and $420.50 a share, and GOOG currently trades at $472.57, that means the Tubers will be getting just over $2 billion in Google stock. What a deal (via SEW) Comment Tag: Google, YouTube, Federal Trade Commission Add to Del.icio.us | Digg | Reddit | FurlView All Articles by Nathan Weinberg About the Author: Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines. Visit the InsideGoogle blog. |
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