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Report: Google Held Back $206 Million From YouTube Deal
November 16, 2006 at 5:52 AM (PT)
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Google
GOOGLE held back $206 million -- or 12.5% -- of the $1.65 billion it spent to buy YOUTUBE as legal security should any copyright actions be brought against the video-sharing website, the U.K.'s TIMES ONLINE reports.
The holdback amount was less than the rumored $500 million.
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