While sales like MySpace.com and IGN have been the result of competitive bidding, it sounds like YouTube is avoiding that route. At least one person who would be part of a possible bid — who believes the company is locked in with Google now — is trying to figure out why, if the company is for sale, the process wasn’t open.
So would YouTube be leaving money on the table by closing the process? Good question. No saying for sure from this perspective but consider the possibility that YouTube knows the $1.6 billion being discussed is a premium over what anyone else would consider ponying up.
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