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Yahoo! In talks to acquire Digital News Network . . . the one that got away?

on Apr 2, 2014 | 0 comments

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