Yahoo in acquisition talks with NDN

April 2, 2014 10:41 am

Yahoo Inc. 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 YouTube for viewers and ad dollars, Wall Street Journal has reported, citing two people who have been briefed on the matter. Yahoo could pay roughly $300m for NDN, the two people said. The discussions are still early and a deal may not be reached for several weeks or may fall apart, said one of the people.