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Yahoo Acquires Maven, Claims Online Video Dominance

  • MediaPost, Tuesday, February 12, 2008 11:15 AM
Yahoo, which is trying to fend off a hostile takeover by Microsoft, this morning, announced a takeover of its own, the acquisition of Maven Networks, a major player in the burgeoning online video marketplace. Yahoo said it would pay about $160 million to acquire Maven, and that the merger would make Yahoo the leading premium video publisher on the Internet.

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