homepage Welcome to WebmasterWorld Guest from 23.23.22.200
register, free tools, login, search, subscribe, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
Forum Library, Charter, Moderators: goodroi

Google Finance, Govt, Policy and Business Issues Forum

    
Google closes YouTube deal
engine




msg:3156901
 4:12 am on Nov 15, 2006 (gmt 0)

Web search leader Google Inc. said on Tuesday that it closed its $1.65 billion (870 million pound) acquisition of top online video-sharing site YouTube, setting a new record in the valuation for user-generated media sites.

In a statement, Mountain View, California-based Google said it had issued 3,217,560 shares to pay for YouTube. It also paid restricted stock units, options and a warrant that can be converted into 442,210 shares of Google's common stock.

The $1.65 billion stock deal included around $15 million in funding which Google provided to YouTube between signing the deal in early October and closing the deal this month.

Google closes YouTube deal [today.reuters.co.uk]

 

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved