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| Google Finishes YouTube Acquisition  Google has finished its acquisition of YouTube. In connection with the acquisition Google issued an aggregate of 3.217.560 shares, and restricted stock units, options and a warrant exercisable for or convertible into an aggregate of 442.210 shares, of Google's Class A common stock. The number of shares of Class A common stock issued and issuable by Google was calculated by dividing $1.65 billion less certain amounts (approximately $15 million) funded to YouTube by Google between signing and closing by the average closing price for the 30 trading days ending on November 9, 2006. 12.5% of the equity issued and issuable in the transaction will be subject to escrow for one year to secure certain indemnification obligations.write your comments about the article :: © 2006 Computing News :: home page |