Yahoo acquires Maven Networks Inc. for $160 million.
Yahoo bought Maven Networks Inc. for about $160 million to expand its footprint in the fast-growing online video advertising market, one of the battlegrounds with Google Inc. and other rivals.
Yahoo declined to say whether it paid in cash or stock.
But on the other hand....
Analysts are still betting that Microsoft will succeed in its quest to buy Yahoo but expect the corporate mating dance to last a few more weeks. They predict that Microsoft eventually will increase its $31-a-share offer.
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Source: latimes.com
