Report: Google in talks to buy YouTube

Iria · Oct 6, 2006, 05:54 PM

Source: CNNMoney
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NEW YORK (CNNMoney.com) -- The online search giant Google Inc. is in talks to purchase the closely held Web sharing sensation YouTube for around $1.6 billion, according to a report published Friday.

Citing a person familiar with the matter, The Wall Street Journal reported that the companies are currently holding talks, but that discussions are at a sensitive stage.

Oct 6, 2006, 05:54 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Report: Google in talks to buy YouTube Source: CNNMoney _______ NEW YORK (CNNMoney.com) -- The online search giant Google Inc. is in talks to purchase the closely held Web sharing sensation YouTube for around $1.6 billion, according to a report published Friday. Citing a person familiar with the matter, The Wall Street Journal reported that the companies are currently holding talks, but that discussions are at a sensitive stage.