WSJ: Yahoo Tends To Buy As Much As 75% Stake In Dailymotion

Posted on Mar 20 2013 - 2:51am by Editorial Staff

Yahoo

The ball is in full swing for Dailymotion as words sounding loud and clear that Yahoo could buy controlling stake in the company, reports The Wall Street Journal. The Journal citing “people familiar with the talks” says that the digital company is tending to buy as much as 75% in France’s Telecom SA’s online-video site Dailymotion.

Further, one of source also mentioned that the website could valued at around $300 million while also to note that if this acquisition really going to take place, this will be Yahoo’s CEO Marissa Mayer’s first major acquisition with keeping the remainder to buy the remaining stake in the website in near future. Over the top as per sources, the deal still not confirmed and may fall apart.

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