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October 6, 2006
Google is "Among Suitors" for YouTube
Earlier today I heard from someone who should know that Google's recent interest in YouTube was driven, in part, by finding out that bidders were swarming the company. Here is the FT on the subject tonight with confirmation:YouTube, the fast-growing video website, has received a flurry of takeover offers in recent days from suitors including Google, the web search specialist, say people close to the company....“There have been a lot of offers,” said a person close to YouTube, with bids in the range of $1.5bn to $1.6bn.
Google and YouTube declined to comment.
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