Daily Business News
Tuesday, October 10, 2006
  Google to buy YouTube for $1.65 billion (Reuters)

Video website YouTube co-founders Steven Chen (L) and Chad Hurley in a 2006 publicity photo released to Reuters October 9 2006. (YouTube/Handout/Reuters)Reuters - Web search leader Google Inc. said on Monday it agreed to acquire top video entertainment site YouTube Inc. for $1.65 billion in stock the highest price yet paid for a consumer-generated media site.


  2:08 AM
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