Yahoo abandons interest in Dailymotion after objections from French government
SAN FRANCISCO, 3 May. (Reuters) -
Yahoo Inc has given up on acquiring a majority stake in online video site Dailymotion over objections from the French government, according to news reports, abandoning what may have been its biggest purchase since Marissa Mayer became chief executive.
Yahoo had been in talks to acquire a 75 percent stake in Dailymotion, owned by telecom group Fra.
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