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Where Yahoo's Dailymotion Deal Went South
- Reuters, Wednesday, May 1, 2013 12:08 PM
Yahoo’s plan to buy a 75% stake in French video site Dailymotion appears to be dead on arrival. As for what went wrong, Reuters points to the French government, which owns a 27% stake in
Dailymotion parent France Telecom. “French government officials had raised concerns that the country would lose control over one of its biggest Internet industry successes if the deal went
ahead,” Reuters reports, citing sources.
