Skip to comments.Yahoo in talks to buy stake in video site Dailymotion: report
Posted on 03/20/2013 1:41:13 AM PDT by Olog-hai
Yahoo Inc is in talks to acquire a controlling stake in Dailymotion, one of the worlds most popular online video websites, in what would be Yahoo CEO Marissa Mayers largest deal since taking the reins in July, the Wall Street Journal reported on Tuesday.
Yahoo could purchase as much as 75 percent of Dailymotion, which is owned by French telecommunications firm France Telecom-Orange, according to the newspaper report, which cited anonymous sources.
Dailymotion could be valued at roughly $300 million, according to the report, which noted that the deal is not imminent and could fall apart.
(Excerpt) Read more at reuters.com ...
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