Yahoo Set To Take Controlling Stake In French Video Site Daily Motion
Is this the substantial deal that Marissa Mayer was talking about in one of her recent Friday meetings? A fat slice of French video-sharing site Daily Motion is apparently on the menu at Marissa Mayer's Yahoo. The Wall Street Journal has reported that the Internet giant is looking to acquire a 75% stake in the France Telecom-Orange owned Internet entity, the twelfth largest online video site on the web, and thought to be worth around $300 million. The deal, however, is not yet writ in stone. Daily Motion's Managing Director, Roland Hamilton, emailed a statement to WSJ, which said very
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