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Google CEO: We won't buy newspaper

Juha-Matti Laurio [PersonRank 10]

Thursday, May 21, 2009
11 years ago2,486 views ...

"Internet search engine operator Google has decided against acquiring a newspaper, the Financial Times reported, citing the company's chief executive and chairman, Eric Schmidt.

Google had considered buying a news publication but is now unlikely to do so because potential targets are either too expensive or have too many liabilities, the FT quoted Schmidt as saying in an interview with the paper's online edition.

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