Yahoo in Talks to Buy Stake in Video Site Dailymotion: WSJ
Yahoo is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites, in what would be Yahoo CEO Marissa Mayer's 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.
France Telecom-Orange acquired Dailymotion for $170 million through a two-phase deal, with the most recent transaction closing in January.
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