Yahoo! In talks to acquire Digital News Network . . . the one that got away?
By Noel Young
Yahoo!Inc. YHOO -0.8% is in preliminary talks to acquire online-video service News Distribution Network Inc., a deal that would help Chief Executive Marissa Mayer compete with Google Inc.’s GOOG +0.14% YouTube for viewers and ad dollars.
Yahoo could pay roughly $300 million for NDN, according to two people who have been briefed on the matter and asked to not be named. The discussions are still early and a deal may not be reached for several weeks or may fall apart, said one of the people.
Mayer has made online video a centerpiece of her strategy to get users to Read full story ›
Source: The Drum




