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SEC Publishes Google/YouTube 8-K Form

Gary Price [PersonRank 10]

Friday, October 13, 2006
14 years ago3,226 views

For those of you who can't get enough of the Google/YouTube Acqusition, the U.S. Securities and Exchange Co pumission has just published the official notice of the acquisition in what is called an 8-K Form

You can access it here:
sec.gov/Archives/edgar/data/12 ...

According to the documentt the deal will officially close in Q4 of this year.

YouTube will contunue as the surviving corporation and our wholly owned subsidiary.

zmarties [PersonRank 10]

14 years ago #

What the posting actually says is that Google will merge a newly formed company called Snowmass Holdings into YouTube, and that YouTube will then survive as a wholly owned subsidiary of Google.

Other than being a place in Colorado, I wonder what the significance of Snowmass is?

I'm sure there is a reason for this method – it's interesting to note that Picasa exists as a separate subsidiary company of Google, whereas many of the other acquisitions have simply been absorbed almost without trace into the main Google company.

/pd [PersonRank 10]

14 years ago #

As a seperate entity – the corporation negates litigation risk.. that means that "Snowmass Holdings,Inc" can only be sued so much only!!

Its a divide and manage strategy on risk management

Sohil [PersonRank 10]

14 years ago #

Genius on Google's part.

They must have some pretty smart Lawyers.

Zimmerman [PersonRank 1]

14 years ago #

The smartest.

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