Both the WSJ and the NY Times are reporting that an all-stock $1.65-billion Google deal for YouTube could be done as early as after market close today. The Times says that the two companies have already scheduled separate board meetings for today to try to close things off.
As an aside, don’t you love all the leaks in this? While some of it is undoubtedly investment bankers, I’d be willing to bet that we also have leaking board members involved. Given the scale and consequences, I’d imagine ex-HP chair Patty Dunn would be infiltrating people’s homes and water-boarding a few people to get to the bottom of this.