Google Closes YouTube Deal
The final price included $15 million in cash, 3,217,560 shares of Google Class A Common Stock, along with an additional 442,210 shares of restricted stock and warrants. The number of shares was determined by dividing the acquisition price, $1.65 billion, by an average value of Google stock over the last thirty days (this is a standard way of handling public company acquisitions). 12.5% of the stock is being held in escrow for one year.
I’m surprised this deal closed so fast. I would have thought they would have dragged out the deal a little longer to see how many law suits came out of the woodwork. Google must have a lot of faith in their ability to settle any copyright claims.