A report in the New York Times says that Google (GOOG) has entered serious talks into acquiring YouTube. According to sources involved in the negotiations, the offer is for $1.6 billion in cash and stock.
This is one of a long line of potential suitors for the company as many big companies such as Yahoo (YHOO), Viacom (VIA) and Microsoft 
(MSFT)have visited the company recently to look into what it would take to get the company.
There is a tremendous hunger by companies to get into the social-networking space, but they are also cautious because of the meltdown in 2000.
Exact terms of the potential sale aren't known at this time, and the deal is not by any means for sure.
My thought is that YouTube leaked the negotiations and price to send a message to other potential buyers that it's happening, and what it will take to enter the game.
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