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MAR 20, 2013 - Business Insider

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Yahoo Is In Talks To Buy A Big Stake In Video Site Dailymotion (YHOO)

Yahoo CEO Marissa Mayer could be on the cusp of her first big acquisition-like move. The Wall Street Journal reports Yahoo is in talks to buy 75 percent of Dailymotion, a YouTube-esque video service that's popular in Europe. Dailymotion is owned by a French Telecom. It's sort of a mess of different videos. Some are user generated, some are professional. Yahoo would buy the stake at $300 million valuation with an option to buy the remaining 25 percent later, says the Journal. Yahoo's HR leader Jackie Rees told employees recently Yahoo was working on two large acquisitions. A lot of names have ... Read More

Tags: Yahoo Is In Talks To Buy A Big Stake In Video Site Dailymotion (YHOO),  Marissa Mayer Latest News