Google swallowed a big fish, YouTube for $1.65 billion. Google’s strategy is clear, add more contents to attract visitors. So google officially becomes Number # 2 in the race of number of visitors after Yahoo and followed by MSN.
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Maverick 
The deal negotiation has just been started and far from done… as mentioned in below URL
http://www.networksasia.net/ena/article/articleDetail.jsp?id=377686
Siva, It’s all stock and a done deal.