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Yahoo in talks to buy News Distribution Network for $300 million: report

01
Apr
2014

Yahoo Inc is in preliminary talks to acquire online video service News Distribution Network for $300 million, according to a report in the Wall Street Journal on Monday. The deal could further Yahoos efforts to bolster its online video programming and video advertising revenue, according to the report, which cited anonymous sources. Yahoo did not immediately respond to requests for comment. NDN spokeswoman Krystal Olivieri was quoted in the Wall Street Journal story as stating that the company was not in talks to be acquired by Yahoo.

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