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Yahoo Bid To Buy Dailymotion Squashed
- Computer Business Review , Thursday, May 2, 2013 2:06 PM
Yahoo's bid to acquire 75% of stake in France Telecom video site Dailymotion reportedly blocked by French Industry Minister Arnaud Montebourg. According to media reports, Yahoo has withdrawn from the bid to acquire a majority stake in the France based online video site for $225 million after the French minister raised objections to the deal.
