Wall Street is betting that Internet search giant Google is set to buy video-sharing site YouTube.
The stock was up $8.10 to $428.60 late Monday on top of Friday’s $8.69 gain after the blog Techcrunch said the two companies were talking. Even Jay Leno joked about the alliance Friday on The Tonight Show with Jay Leno, saying a merger of the two would result in a new company called GooTube. Neither company would confirm the offer, but that hasn’t stopped analysts from talking about why a deal could make sense.
DONE-IN DEAL? Why Mark Cuban thinks the purchase is “crazy” in On Deadline
USATODAY.com – Investors like idea of Google-YouTube marriage
Does this mean it’s 1999 again?
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