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Tuesday, October 10, 2006

Media Digest 10/10/2006 Reuters, WSJ, NYT

Stocks: (MNST)(HPQ)(CVC)

According to Reuters, YouTube talked to several possible buyers, but Google won with an offer of $1.65 billion and the promise that it would let the video sharing company operate independently.

Reuters writes that the new CEO of Airbus has stated that the company should prepare for "painful" job loses.

Reuters also writes that the former chairman of HP says that the charges against her are a lie.

The Wall Street Journal writes that the Justice Department has launched a probe into anti-competitive practices amoung leading private equity firms.

The Wall Street Journal also reports that the CEO of Monster, Inc. has resigned.

The New York Times reports that Wall St. likes the simplified bid by the Dolan family for Cablevision.

Douglas A. McIntyre

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