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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)

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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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