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Submission + - Google to Buy YouTube for $1.65B in Stock

hawridger writes: From the Yahoo article:

Google Inc. snapped up YouTube Inc. for $1.65 billion Monday in deal that catapults the Internet search leader to a leading role in the online video revolution. The all-stock acquisition unites one of the Internet's marquee companies with one of its rapidly rising stars.

The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history.

Read more at http://news.yahoo.com/s/ap/20061009/ap_on_bi_ge/go ogle_youtube_7.

1 1 was a race-horse, 2 2 was 1 2. When 1 1 1 1 race, 2 2 1 1 2.

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