Tuesday, March 19, 2013

YHOO: Yahoo (YHOO) is in talks to buy a majority...

4:49 PM Yahoo (YHOO) is in talks to buy a majority stake (perhaps as high as 75%) in online video site Dailymotion from France Telecom (FTE), sources tell the WSJ. One source claims the site could be valued around $300M. That would represent a nice return for FTE: the carrier recently bought the 51% of Dailymotion it didn't own for $81M, while adding it's looking for a U.S. investor. Dailymotion, big in France, would bolster Yahoo's video reach (comScore ranks it the #5 U.S. video site) and provide it with a fresh source of ad inventory. Read comments

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